Rackit Direct Ltd

Rackit Direct Ltd is a small, active company based in Irvine, Scotland, founded four years ago in 2020. With £71,767 in assets and a real address, it’s a business with five directors and two owners, operating an e-commerce site. The company regularly imports miscellaneous metal items, with the last import operation made in January 2025, and occasionally exports furniture, lighting, and prefabricated buildings, with the last export operation made in July 2024.

The website, Rackit Direct, specializes in ladders, trolleys, and platform solutions for safe and easy access. It offers a wide range of products, from step ladders to warehouse steps, catering to both domestic and industrial needs. The site prominently features Lyte Products, emphasizing quality and reliability, and even offers used META shelving. The website also has a blog section, showcasing articles on interior design and safety equipment.

Financially, Rackit Direct Ltd shows a mixed picture. Cash bank on hand increased significantly by 4800%, reaching £72,000, while creditors decreased by 7.7% to £72,000. Current assets increased by 73% to £72,000, but trade debtors completely disappeared, dropping 100% to zero. Equity also took a hit, with retained earnings and accumulated losses plummeting 100% to -£65. 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 decline in equity raises concerns. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Rackit Direct Ltd appears to be navigating a period of change. While cash flow has improved, the sharp drop in equity suggests potential challenges—perhaps related to increased borrowing or delayed customer payments. The company’s focus on a niche market and online sales, however, positions it for continued growth, provided it can manage its finances effectively.

Registered in Scotland under the registration number SC660227, with a registered address at KA12 8LN, Scotland, Irvine, 9-10 Ailsa Road, Ailsa Business Park.

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