Randa Uk Limited

Randa Uk Limited, based in London, is a large, active company established 31 years ago. Boasting assets of £9,936,335, it operates from a real address and is overseen by three directors and one owner. The company is a regular exporter of leather goods, travel bags, and animal harnesses, with 13 months of export activity recorded, the last in December 2024.

The company’s website reveals Randa Apparel Accessories to be a global powerhouse with over 100 years of expertise. It operates a portfolio of 30 brands across all distribution channels, with Haggar being the number one selling pant brand in America. Randa Accessories is the world's largest manufacturer of belts, while Tribal leads in the women's specialty channel. The company also produces wallets and cold-weather gear, selling its products in over 20,000 stores worldwide. Recent news highlights include the production of pickle robots to improve productivity and the acquisition of Totes Isotoner Corporation.

Financially, Randa Uk Limited shows a mixed picture. While cash reserves increased by 8.5% to £4,700,000, net assets actually decreased by 12% to £3,700,000. Bank borrowings surged by a staggering 2,400% to £150,000, and net losses deepened significantly. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total over £18 million, but employee numbers are not reported. Henderson Loggie LLP served as the auditor.

The company’s focus on global brands and diverse product lines suggests a resilient business model, but the sharp decline in equity and increased borrowings raise concerns about its financial health. It's likely that the company is investing in new technologies and expanding its operations, which may be contributing to the increased debt, but a closer look at the cash flow statement would be needed to fully understand the situation.

Registered in England/Wales under the registration number 02835344, with a registered address at NW1 5DH, United Kingdom, London, Capital House, 25 Chapel Street.

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