Ransomspares.co.uk Limited

Ransomspares.co.uk Limited is a small, active company based in Yeovil, Somerset, UK. Founded sixteen years ago in December 2008, it’s a family business with 27 employees and a real address at Unit 1 Flushing Meadow, Yeobridge Trade Park. The company, which has a Google rating of 4.0 based on 1328 reviews, is run by two directors and two owners, Gilbert Dawn and Gilbert Lee Melvin. It operates an e-commerce site and regularly imports electrical machinery and equipment—77 months of imports recorded, with the latest in February 2025. The company’s activities include wholesale of radio, television goods & electrical household appliances, household goods, non-specialised wholesale trade, and other business support services.

The company’s website highlights its role as an online supplier of domestic appliance spare parts. It offers a wide range of components and accessories for various household appliances, catering to both consumers and repair professionals. The site emphasizes competitive pricing and a commitment to customer service.

Financially, Ransomspares.co.uk Limited presents a mixed picture. While net assets increased by 36% to £1.8 million, cash reserves declined by 1.3% to £860,000. Trade debtors decreased by 12% to £330,000, which could indicate improved cash flow management. However, creditors rose by 15% to £790,000, and corporation tax payable increased dramatically by 480% to £150,000. Bank borrowings also increased, suggesting a reliance on external financing. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the increased tax liability and rising creditors warrant attention. The company’s unaudited accounts, which were prepared using Silverfin, do not mention an auditor. Overall, the company appears to be growing, but needs to keep a close eye on its liabilities.

Registered in England/Wales under the registration number 06779183, with a registered address at BA21 5DL, Yeovil, Somerset, Unit 3 Flushing Meadow, Yeobridge Trade Park.

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