R.a.d Future Limited

Rad Future Ltd, based in London, UK, is a small, active company founded six years ago in 2019. With three employees and £5,262,427 in assets, it operates from a virtual address—a fact highlighted by the presence of 306 other companies registered at the same location. The company is led by three directors, including Massey Benjamin Blake, the sole owner.

Rad Future specializes in importing clothing and accessories made by knitting or crocheting, with 23 months of import activity recorded. It also exports footwear and related items, having done so for 30 months. The company’s website showcases a wide range of products, from vintage-inspired prints to pre-made graphics and clothing, all available for purchase online. It seems to be an e-commerce business, with a focus on unique designs and a global reach, offering products in multiple currencies and regions.

Financially, Rad Future’s numbers present a mixed picture. While cash reserves increased by 2200%, bank borrowings have increased by a staggering 390%, reaching £3.8 million. Trade creditors have also increased significantly, by 490%, to £3.4 million. Net assets, however, have fallen by 440%, to £2.2 million. The company’s average number of employees has increased by 330%, to 13. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the increase in liabilities suggests it might be burning through cash. No auditor is mentioned, so the financial statements are unaudited.

Overall, Rad Future Ltd appears to be a growing e-commerce business with a unique product offering. However, the increase in liabilities and the decrease in equity raise concerns about its long-term financial health. It will be interesting to see if the company can sustain its growth and profitability in the coming years.

Registered in England/Wales under the registration number 11920313, with a registered address at EC2Y 5AU, United Kingdom, London, 6th Floor 2 London Wall Place.

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