Ralawise Limited

Ralawise Ltd from Deeside UK: a large company, holding company, active status, founded 47 years ago, with 562 employees, holds £114,972,502 in assets, and generates £168,616,672 in yearly revenue. It operates from a real address, is managed by six directors, and is owned by one individual. The company runs an e-commerce site, maintains a Google rating of 4.0 based on 281 reviews, and regularly imports and exports clothing and accessories made by knitting or crocheting (1031 months imported, 1382 months exported).

Ralawise is a sizable operation, classified as a large company as it met two of three conditions: turnover exceeding £36 million, balance sheet total over £18 million, and an average of more than 250 employees. It functions as a holding company and is currently active. The company's financial data reveals some interesting trends. Accrued liabilities decreased by 24%, while accumulated amortisation of intangible assets increased, particularly in computer software and development costs. Administrative expenses rose by 18%, and bank borrowings vanished completely, a significant change. Cash on hand, however, saw a substantial increase of 280%.

The company’s turnover remained steady at £170 million, but profits decreased by 52%, a noticeable drop. Creditors decreased by 37%, suggesting improved debt management, and the company’s net assets declined by 11%. Despite these challenges, Ralawise continues to import and export its core products, demonstrating resilience in a competitive market. The company’s website showcases a wide range of products, including activewear, workwear, and leisurewear, catering to various sectors. It also highlights its commitment to sustainability with a dedicated glossary and a selection of recycled and organic styles.

The company's financial reports were audited by Forvis Mazars LLP. Overall, Ralawise Ltd appears to be a well-established company navigating a period of financial adjustment, relying on its strong brand and extensive product range to maintain its position in the wholesale clothing market.

Registered in England/Wales under the registration number 01362849, with a registered address at CH5 2UA, Deeside, Flintshire, Unit 112 Tenth Avenue Zone 3, Deeside Industrial Park.

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