Radward Ltd

Radward Ltd from Ashington UK: a small, active company founded three years ago, employs two people, and holds £236,136 in assets. It has a real address, is overseen by one director and one owner, and operates as a regular importer of electrical machinery and equipment (141 months) and a regular exporter of machinery, boilers, and mechanical appliances (216 months). The company operates in the manufacture of motor vehicles industries.

Radward Ltd’s website, inforadward.co.uk, showcases a range of industrial equipment components and positions itself as a reliable supplier in the UK. It specializes in the sale of industrial supplies, offering brands like Kromschroeder valves and Rexroth motors. The site highlights excellent service and customer care, and even includes a contact form with file upload capabilities. Due to ongoing conflicts in Ukraine, orders from Russia and Belarus are currently blocked. The website also lists a physical address in Hemel Hempstead and provides contact details, including a phone number and email address. It's clear that Radward Ltd is running an e-commerce operation, focusing on B2B sales of industrial parts.

Financially, Radward Ltd shows some encouraging trends, but also some areas of concern. Current assets have increased by 92% to £240,000, and cash reserves have risen significantly by 440% to £42,000. However, creditors have also increased by 75% to £210,000, and trade debtors have jumped 70% to £160,000. Equity has grown substantially, increasing by 600% to £28,000. 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 it to remain flexible. The accounts are described as "filleted" and unaudited, and were authorised for issue in June 2024. It's worth noting that the company’s director, Hasan Kadir, is responsible for the financial statements.

Registered in England/Wales under the registration number 13704276, with a registered address at NE63 0EF, United Kingdom, Ashington, Unit 3, Green Lane, North Seaton Road.

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