R & F (uk) Ltd

R & F (uk) Ltd, based in Glasgow, UK, is a small, active company founded eleven years ago in 2013. With thirteen employees and £1,923,193 in assets, it operates as a regular importer of furniture, lighting, and prefabricated buildings – although its last import activity was way back in May 2017. The company is run by a solo founder, Akhtar Sophie, who also serves as its director and owner. It’s a tight-knit operation with a real registered address and four other companies registered at the same location.

The company’s website indicates it operates in the retail sale via mail order houses or via internet industries. While the exact nature of its online presence isn’s immediately clear, it’s likely focused on selling imported goods directly to consumers. The company’s profile mentions a focus on quality and customer service, which are common themes in online retail.

Financially, R & F (uk) Ltd shows some concerning trends. Current assets have plummeted by 79%, dropping to just £1.9 million, while net assets have also decreased by 8%, settling at £190,000. Cash reserves have taken a hit, falling 40% to £710,000. Debtors have experienced a dramatic 100% decrease, leaving only £13,000 – a significant shift. Creditors, however, have fallen by 93%, suggesting improved management of short-term liabilities. Tax liabilities have increased by 34%, to £1.2 million. 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 for flexibility, but the sharp decline in assets and debtors raises questions about its financial health. It’s worth noting that the accounts are “filleted” and unaudited, relying on director-reported data.

Despite these challenges, the company’s focus on importing quality goods and its established online presence could provide a foundation for future growth. However, addressing the decline in assets and improving cash flow will be crucial for its long-term sustainability.

Registered in Scotland under the registration number SC449507, with a registered address at G2 1BP, Scotland, Glasgow, Clyde Office 2nd Floor, 48 West George Street.

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