Raia Ltd

Raia Ltd is a small, active company based in London, UK, founded three years ago in 2021. It’s a solo founder operation with one director and one owner, employing just one person and holding £24,835 in assets. The company operates from a virtual address, shared by over five thousand other businesses, which raises some questions. It’s an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with its last import activity recorded over two years ago in February 2022.

Raia Ltd’s website, Raia Rise Above It All, is a vibrant e-commerce platform selling activewear, with a strong emphasis on sustainability and a "buy one, give one" model. The site offers a wide range of products, from bras and leggings to sweatshirts and accessories, available in various colors and sizes. It also features a blog and a section dedicated to its manufacturing partners and ethical practices. The site has a very extensive list of countries and currencies for international customers.

Financially, Raia Ltd presents a mixed picture. Net assets have decreased by a significant 49% to -£55,000, reflecting accumulated losses. Cash reserves have also fallen by 61% to £630, while trade creditors have increased by 20% to £80,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the decline in equity is concerning. There’s no auditor mentioned, which is common for small companies.

The company’s reliance on irregular imports and a single employee suggests a potentially fragile business model. While the e-commerce platform appears well-designed and focused on ethical practices, the financials indicate a company burning through money. Whether Raia Ltd can sustain its growth and social mission remains to be seen, but it’s a company to watch.

Registered in England/Wales under the registration number 13482507, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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