R & C Components Limited

R & C Components Ltd, based in Hull, UK, is a small, family-run business with an active status, celebrating 28 years in operation. Employing 14 people and holding £643,443 in assets, the company operates a well-regarded e-commerce site with a perfect 5.0 Google rating from 67 reviews. It’s a real address with three directors and two owners. The company irregularly imports textile products, sets, used clothing, and rags, with the last import activity recorded two months ago.

The company’s website, Supplies Warehouse, specializes in fixings and fasteners for construction and DIY projects. It offers a wide range of products, from industrial supplies to workwear and vehicle maintenance items. The site highlights brands like Brahma, Action Can, and EvapoRust, catering to both trade professionals and DIY enthusiasts. The company’s "About Us" section emphasizes its legacy, dating back to the early 1980s, and its commitment to providing a convenient online shopping experience.

Financially, R & C Components Ltd shows some concerning trends. Current assets decreased by 5.7% to £640,000, while net assets increased by 7% to £820,000. Bank borrowings increased significantly, reaching £9,000 and £170,000, and cash reserves dropped 39% to £190,000. Creditors remained relatively stable, but other debtors increased substantially. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in cash reserves and increase in borrowings suggests it’s burning through money. The average number of employees has also decreased by 43% to 8. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, R & C Components Ltd appears to be a well-established business with a strong online presence, but the financial data indicates it’s facing some challenges—perhaps due to increased competition or changing market conditions. It’s a real business with a good reputation, but it needs to watch its cash flow.

Registered in England/Wales under the registration number 03269214, with a registered address at HU9 1SQ, England, Hull, 455-457 Hedon Road.

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