Lucky Raf Ltd.

Lucky Raf Ltd is a small, active company based in Bury, UK, founded thirteen years ago in May 2012. The company employs twenty-eight people and holds £260,424 in assets, operating from a real registered address. With one director and one owner, it’s a relatively straightforward structure. Lucky Raf Ltd is an irregular importer, primarily dealing in electrical machinery and equipment, with just two months of import activity recorded as of February 2023. The company operates in the other retail sale of food in specialised stores industries.

While the company’s website is unavailable for review, its business activities suggest a retail operation, possibly with a physical store presence alongside online sales. The irregular import activity suggests a focus on sourcing specific, possibly niche, electrical components or equipment to supplement its retail offerings.

Financially, Lucky Raf Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased significantly, by 100%, indicating increased wear and tear or new investments. Bank borrowings decreased by 45%, which is a positive sign of reduced debt, and cash reserves jumped a remarkable 740% to £81,000—a substantial boost. However, creditors also increased, by 8.8%, suggesting a reliance on trade credit. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in creditors should be monitored. With no auditor mentioned (likely exempt as a small company), the financial statements are unaudited.

The company's director, Kurlanda Rafal, seems to be managing both the operational and financial aspects. While the financial data doesn't reveal any immediate red flags, the increase in creditors warrants attention. Overall, Lucky Raf Ltd appears to be a small, steady business navigating the challenges of importing and retail, but it’s important to keep an eye on its debt management.

Registered in England/Wales under the registration number 08066292, with a registered address at BL9 0DZ, England, Bury, Lancashire, 1-3 St Mary's Place.

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