Radius Shopfitters Limited

Radius Shopfitters Limited, based in Nottingham, UK, is a small, active company established thirteen years ago. With six employees and £1,783,996 in assets, it operates from a virtual address shared by twenty-seven other companies, a fact that raises some questions. The company is led by four directors and owned by Smith Lloyd and Fox Gary. It’s an irregular importer, primarily dealing in wood and wood products, with the last import activity occurring just one month ago. The company operates in the other building completion and finishing industries.

The company’s website is non-existent, making it difficult to determine if they have an online presence or rely solely on offline sales and contracts. This lack of a digital footprint could be a strategic choice or a limitation in their business model.

Financially, Radius Shopfitters Limited presents a mixed picture. While cash reserves increased by a healthy 73% to £1,100,000, current assets declined by 9.1% to £1,800,000. Trade debtors have fallen significantly by nearly 50%, suggesting improved collection practices or reduced sales. Creditors also decreased by 11%, indicating better management of short-term liabilities. However, a notable decrease in property plant equipment by 37% could be a sign of asset disposal or depreciation. 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 by 2.4% warrants further investigation. The company is exempt from an audit, so the figures are unaudited.

Overall, Radius Shopfitters Limited seems to be navigating a period of transition. While cash flow is strong, the decline in assets and equity suggests potential challenges. The company's reliance on a virtual address and lack of a digital presence could be limiting its growth potential, but it’s also keeping overheads low.

Registered in England/Wales under the registration number 07937763, with a registered address at NG7 2RR, United Kingdom, Nottingham, 1 Poplars Court, Lenton Lane.

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