Rainbowjet Ltd

Rainbowjet Ltd, based in Shrewsbury, UK, is a small, active company founded eleven years ago in 2013. With three employees and £38,268 in assets, it’s a solo-founded operation managed by three directors and a single owner, Bolton Esther. The company operates from a virtual address – forty two companies registered at the same address – and is classified as a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s an irregular importer, bringing in tanning and dyeing products for one month, with the latest import in August 2024, and a regular exporter, shipping the same products for seven months, with the last export in January 2023.

Rainbowjet Ltd’s website, rainbowjet.co.uk, showcases a diverse range of services. While the core business appears to be printing equipment supply, it also offers consultancy services and acts as an agent for machinery and industrial equipment. The site’s content suggests a focus on printing solutions, with sections dedicated to printing presses, finishing equipment, and consumables. It’s not clear if the website is used for e-commerce, but it does feature contact forms and online brochures, indicating a sales-focused approach.

Financially, Rainbowjet Ltd presents a mixed picture. Current assets increased by 10% to £38,000, while net assets grew by 6.4% to £34,000. Cash reserves saw a significant boost, rising 50% to £26,000. However, trade debtors experienced a sharp decline, dropping 53% to £3,900, which could indicate tighter credit control or slower customer payments. Creditors also decreased by 52%, suggesting improved debt management. The company’s bank borrowings are also down, which is a good sign. The fact that there is no auditor mentioned is not unusual for a small company.

Overall, Rainbowjet Ltd appears to be financially stable, with growing assets and cash reserves. The decrease in trade debtors is a potential area to monitor, but the company’s overall performance suggests it’s navigating the market effectively. The company's diverse range of services, from printing equipment supply to consultancy, likely contributes to its resilience.

Registered in England/Wales under the registration number 08666953, with a registered address at SY3 7FA, Shrewsbury, Shropshire, 1 Brassey Road, Old Potts Way.

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