Radwag Uk Ltd

Radwag Uk Ltd, based in Crewe, UK, is a small, active company founded six years ago in 2019. Employing just two people, it holds £146,964 in assets and operates from a real address, managed by a single director and owner—the solo founder. The company regularly imports optical and medical tools and devices, with 25 months of import activity recorded, and has also ventured into exporting furniture, lighting, and prefabricated buildings, though for a shorter period of five months.

Radwag Uk Ltd’s website reveals a much larger operation. It’s a global supplier of balances and scales, catering to laboratory, industrial, and medical sectors. The site showcases a wide range of products, from ultra-microbalances to checkweighers, and emphasizes its commitment to quality and innovation. It even offers virtual tours of its headquarters and hosts webinars on metrology. The company’s global presence is evident, with sales and service points worldwide.

Financially, Radwag Uk Ltd presents a mixed picture. While current assets increased by 77% to £150,000, equity dramatically increased by 5700% to £10,000—a significant boost. However, creditors surged by 59% to £140,000, and cash bank on hand decreased by 23% to £19,000. 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 rise in creditors suggests a need for careful cash flow management. The company’s future minimum lease payments also decreased by 63%, which is a positive sign. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Radwag Uk Ltd seems to be a growing business, though it’s important to monitor its debt levels. The company’s global reach and diverse product range suggest a solid foundation for future success, but it’s important to keep an eye on its financial health.

Registered in England/Wales under the registration number 11844114, with a registered address at CW1 6EA, United Kingdom, Crewe, 16 Macon Court, Herald Drive.

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