Ragazzi Limited

Ragazzi Limited is a small, active company based in Wrexham, UK, established twenty years ago in 2004. It employs three people and holds assets totaling £243,283. The company operates from a real address and is overseen by two directors and one owner. A key aspect of Ragazzi Limited's business is its e-commerce site and its regular importing of clothing and accessories made by knitting or crocheting, with nineteen months of import activity recorded.

The company specializes in the retail sale of clothing in specialized stores, showcasing a range of brands like Belstaff, Boss, Carhartt WIP, Paul Shark, and Fred Perry. Its website features a wide selection of menswear, from t-shirts and jeans to outerwear and accessories, and even offers a variety of footwear. A notable feature is its extensive list of countries it ships to, ranging from Afghanistan to Zimbabwe, demonstrating a global reach.

Financially, Ragazzi Limited’s numbers present a mixed picture. Current assets have increased by 36% to £240,000, while net assets have improved significantly, rising 35% to -£72,000. Bank borrowings have decreased by 39% to £27,000, and cash reserves have increased by 31% to £20,000. Creditors have decreased by 25%, suggesting better management of debts. The company meets two of the three criteria to be considered small – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited, and rely on director-reported data.

While the company's e-commerce operations appear to be thriving with a wide selection of brands and a global shipping reach, the financial data suggests a company that is still working to build a sustainable profit. The decrease in bank borrowings and increase in cash reserves are positive signs, but the negative equity remains a concern.

Registered in England/Wales under the registration number 05199847, with a registered address at LL13 8LW, Wrexham, 3-5 Yorke Street.

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