Radial Commerce Limited

Radial Commerce Ltd, based in Oldham, UK, is a large holding company with an active status, celebrating 25 years since its founding in 1999. Employing 112 people, the company manages £7.85 million in assets and generates £12.89 million in yearly revenue. It operates a real address and is overseen by two directors and one owner. A Google rating of 4.0 from 55 reviews indicates a positive customer perception. The company regularly imports leather goods, travel bags, and animal harnesses (64 months) and exports optical and medical tools and devices (20 months). It also runs an e-commerce site.

Radial Commerce Ltd functions as a fulfillment and logistics provider, supporting a wide range of clients in the retail sector. Its website details services including e-commerce fulfillment, DTC order fulfillment, returns management, transportation management, and network optimization. It caters to various industries, from accessories and apparel to health, beauty, and sporting goods. The company emphasizes scalability, cost-effectiveness, and technology-driven solutions.

Financially, Radial Commerce Ltd presents a mixed picture. While cash bank on hand increased by 11% to £5.6 million, administrative expenses rose significantly by 19% to £5.9 million. Turnover revenue dipped by 6.4% to £13 million. A notable trend is the decrease in accrued liabilities deferred income, plummeting 71% to £410,000, and a substantial increase in amounts owed to group undertakings, jumping 57% to £1.6 million. The company’s net assets also decreased by 40% to -£5.1 million. The company’s average number of employees decreased by 12% to 98. It's worth noting that the company's audit firm, Haines Watts, signed off on the financial statements.

These numbers suggest that Radial Commerce Ltd is facing some financial headwinds, possibly due to increased operating costs or a slowdown in sales. However, its established network, technology-driven solutions, and backing from bpostgroup provide a foundation for continued operations and potential turnaround.

Registered in England/Wales under the registration number 03859136, with a registered address at OL9 9XA, England, Oldham, 26 Broadgate Chadderton, Middleton.

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