R & D Trading Ltd

R & D Trading Ltd from Swansea, UK, is a small, active company founded eight years ago. It holds £6,824 in assets and operates from a real address, managed by two directors and a single owner who is also the solo founder. The company operates in the retail sale via mail order houses or via internet industries.

The business’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence and product offerings. However, the company’s registration details suggest a focus on online retail, potentially involving the sale of goods directly to consumers through an e-commerce platform.

Financially, R & D Trading Ltd presents a mixed picture. Current assets have decreased by 37%, dropping to £6,800, while cash reserves have fallen even further by 57%, leaving just £870. Creditors have increased slightly by 2.6%, reaching £32,000, and bank borrowings have also risen. The company’s equity has significantly declined, with retained earnings dropping 81% to -£20,000. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the substantial equity decline is concerning. The lack of any auditor mentioned suggests that the company is exempt from an audit as a small company.

Despite these challenges, the company’s active status and real address indicate ongoing operations. The company’s decline in equity suggests it may be burning through cash, but the lack of detailed financial information makes it difficult to determine the full extent of its financial health.

Registered in England/Wales under the registration number 10640154, with a registered address at SA7 9LA, Wales, Swansea, Cardigan House, Swansea Enterprise Park.

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