R & S West Limited

R & S West Ltd, a small, family business based in Rossendale, UK, has been operating for 35 years. Founded in 1989, the company employs nine people and holds £231,521 in assets. With five directors and two owners, it maintains a real address and boasts a perfect 5.0 Google rating from a single review. The company regularly imports cotton products, with the last import activity occurring in July 2024.

The company’s core business involves the manufacture of soft furnishings, operating within a niche market. While no website is available to examine, the business appears to focus on traditional manufacturing processes, catering to a specific customer base.

Financially, R & S West Ltd shows a mixed picture. While cash reserves increased by a substantial 150% to £150,000, net assets decreased by 11% to £33,000. Trade debtors decreased significantly by 68%, which is good, but bank borrowings increased by 2400%, reaching £29,000—a concerning trend. Creditors also increased by 100%, reaching £59,000. 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 rising debt levels warrant attention. The company is exempt from an audit, so the financial data is unaudited. It seems like they are trying to grow, but perhaps overextended themselves a bit.

Registered in England/Wales under the registration number 02437541, with a registered address at BB4 8PT, Rossendale, Lancashire, 6 Short Clough Close, Reedsholme Rawtenstall.

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