Raldex Ltd

Raldex Ltd from Caerphilly UK: small company, active status, founded 3 years ago, 1 employee, £218,937 assets, real address, 2 directors, 1 owner, solo founder. It’s a small operation, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Raldex Hospitality, reveals a different story. It’s not a typical e-commerce site selling directly to consumers. Instead, it’s the online presence of a hospitality group managing several hotels in Florence, South Carolina. These include Staybridge Suites, Hilton Garden Inn, Hampton Inn Suites, and Holiday Inn Express locations. The website highlights the group's commitment to quality brands and customer service, featuring details about each property, team members, and even a history section. It seems Raldex Ltd, the UK company, is a subsidiary or holding company for this US-based hospitality business. It’s a bit confusing, but it suggests a broader international scope than initially apparent.

Financially, Raldex Ltd shows a mixed picture. Current assets have increased by 32% to £220,000, which is good news. However, net losses deepened to -£22,000, and cash reserves fell 30% to £82,000. Bank borrowings have increased, and creditors have risen slightly, suggesting the company is relying on external financing to support its operations. The single employee reported is surprising, given the size of the US hospitality business it oversees. With no auditor mentioned (likely exempt as a small company), the figures are unaudited. The increase in corporation tax payable is also a bit concerning.

Overall, Raldex Ltd appears to be a small, UK-based holding company supporting a larger US hospitality group. While its assets have grown, the company is burning through cash and relying on external financing. Whether this is a temporary situation or a longer-term challenge remains to be seen, but it suggests a need for careful financial management.

Registered in Wales under the registration number 13954524, with a registered address at CF83 8JX, Wales, Caerphilly, 12 Kiln Field Drive, Bedwas.

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