Raan Nuch Ltd

Raan Nuch Ltd from Wigan UK is a small, active company founded eleven years ago. With three employees and £20,867 in assets, it operates as an e-commerce site and imports miscellaneous food products irregularly—just one month of imports recorded as of June 2020. The company has two directors and one owner, Budworth Wanapa, and Budworth Justin. It’s registered at a real address shared by seven other companies.

The business focuses on selling Thai food groceries online, with a website offering both English and Thai language options. Customers can place orders online or via Facebook, with Nuch handling billing and shipping. The website clearly categorizes products, provides pictures and pricing, and offers delivery services to mainland UK. It's a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Raan Nuch Ltd shows some concerning trends. Cash bank on hand has decreased by 45% to £12,000, and current assets have fallen by 32% to £21,000. Creditors have increased by 56% to £8400, while net assets have increased by 21% to £56,000. Bank borrowings have decreased by 36% to £40,000. It’s a bit of a mixed bag, but the decrease in cash reserves and increase in creditors suggest the company might be burning through money. There’s no auditor mentioned, so the accounts are unaudited. It seems like they are managing, but keeping a close eye on the cash flow would be wise.

Registered in England/Wales under the registration number 08941654, with a registered address at WN6 0HW, England, Wigan, Lancashire, 15 Market Street, Standish.

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