Radians Worldwide Limited

Radians Worldwide Limited, based in Staines-Upon-Thames, UK, is a small, active company founded twelve years ago. Employing just five people, it holds £2,210,722 in assets and operates from a virtual address shared by 161 other companies. The business has two directors, but no owners are listed. Radians Worldwide regularly imports optical and medical tools and devices (113 months) and exports clothing and accessories made by knitting or crocheting (34 months).

The company’s website reveals a focus on personal protective equipment (PPE), acting as a distributor for brands like DEWALT and STANLEY. It offers a range of products, including hand protection, hearing protection, and protective eyewear, and caters to industrial safety needs. Radians Worldwide also provides private label programs, marketing support, and catalogs, indicating a business-to-business model. The website also features profiles of safety professionals, highlighting the company’s expertise and commitment to safety.

Financially, Radians Worldwide shows some concerning trends. While cash bank on hand remains stable at £960,000, current assets have declined by 15% to £2,200,000. Trade debtors have increased significantly by 58%, suggesting potential difficulties in collecting payments. Perhaps more worrying is the 53% drop in total inventories, falling to £690,000—this could indicate supply chain issues or a deliberate reduction in stock levels. Liabilities have also been affected, with accrued liabilities decreasing by 65%, and taxation social security payable increasing by 13%. 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 agility, but the decline in equity and the rise in debt raise questions about its long-term financial health. The accounts are audited, and Menzies LLP performed the audit, but the figures themselves suggest a company working hard to maintain its position.

Registered in England/Wales under the registration number 08215190, with a registered address at TW18 4BP, United Kingdom, Staines-Upon-Thames, Menzies Llp 2nd Floor, Magna House, 18-32 London Road.

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