F.j.ratchford Limited

F.j.ratchford Limited, based in Stockport, UK, is a small, family-run business with an active status, celebrating 66 years in operation since its founding in 1958. Employing ten people, the company holds £419,848 in assets and operates from a real address. With six directors and three owners, it’s a well-established, privately held entity. The business regularly imports paper and paperboard products (31 months of import activity) and exports treated or layered fabrics for industrial use (8 months of export activity).

The company's website, Ratchford Samples, showcases a curated selection of high-quality papers and premium materials for businesses across various industries, including design agencies, packaging manufacturers, and bookbinders. It also highlights a separate division, 1066 Pianos, specializing in high-end piano restoration, a venture that operates from Cambridge and even has a showroom in Harrods. The website's focus on customer service, sample selection, and technical information suggests a business geared towards a B2B model, catering to specific industry needs.

However, the company's financial performance paints a more complex picture. While the company is small, meeting two of three conditions for a small company, its financial data reveals a significant downturn. Current assets have plummeted by 75%, dropping to £420,000, and net assets have fallen even further, decreasing by 77% to just £350,000. Bank borrowings have increased, and cash reserves have shrunk considerably, indicating a potential strain on liquidity. Creditors have also decreased, which could be a positive sign of improved debt management. The lack of an auditor mentioned—likely due to the company's small size—means the financial data is unaudited. The company’s net losses deepened, and trade debtors ballooned.

Overall, F.j.ratchford Limited appears to be navigating a challenging financial period, despite its long-standing presence and diverse business interests. The company’s ability to sustain its operations and capitalize on its niche markets will depend on its ability to manage its finances effectively and adapt to changing market conditions.

Registered in England/Wales under the registration number 00613099, with a registered address at SK4 2JX, Stockport, Kennedy Way, Green Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.