Raj Tex Limited

Raj Tex Limited, based in London, UK, is a small, active company established ten years ago in 2014. With five employees and £1,079,941 in assets, it operates from a real address and is led by one director and owner. The company runs an e-commerce site and irregularly imports clothing and accessories—not knitted or crocheted—with the last import activity recorded one month ago in April 2016. Its core business involves wholesale of textiles and retail of watches and jewellery in specialised stores.

The company's website, while not providing extensive detail, showcases a focus on textiles and jewellery, suggesting a diverse product range. The e-commerce presence indicates a direct-to-consumer strategy, complementing its wholesale operations. While the website doesn’s offer much detail, it’s clear that Raj Tex Limited is actively engaged in online sales.

Financially, Raj Tex Limited presents a mixed picture. Cash bank on hand increased significantly by 91% to £270,000, a positive sign of improved liquidity. However, creditors rose by 29% to £940,000, and taxes and social security payable increased by a substantial 110% to £19,000. Trade creditors also decreased by 7.6% to £71,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility. The company’s net assets liabilities remain steady at £140,000. The unaudited accounts, prepared using VT Final Accounts software, are exempt from an audit.

Overall, Raj Tex Limited appears to be navigating a period of change. The increase in creditors and social security liabilities could indicate growing expenses, but the healthy cash reserves suggest the company has the resources to manage these challenges. The company’s continued focus on e-commerce and wholesale operations, combined with its small size, positions it to adapt to market fluctuations.

Registered in England/Wales under the registration number 09234762, with a registered address at SW17 9NJ, England, London, 162 B Mitcham Road.

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