Raocon Ltd

Raocon Ltd from Croydon UK: a small, active company founded six years ago, employs seven people, and holds £298,641 in assets. It has a real address, is led by one director, and has no owners reported – likely one of the directors. Google reviews are stellar, sitting at 5.0 based on ten ratings. The company is an irregular importer of aluminum and aluminum products, with the last import occurring in January 2025.

Raocon Ltd operates in the development of building projects, offering expert turnkey solutions from concept to sale. The website highlights a range of services, including commercial and residential refurbishments, planning, architecture, and project management. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company has a team of people, including Rao Pappala as founder and CEO.

Financially, Raocon Ltd shows some interesting trends. Average number of employees has increased significantly, jumping 86% to thirteen. Bank borrowings decreased by 23% to £32,000, and cash bank on hand increased by 32% to £160,000. However, accrued liabilities rose to £3,000, and corporation tax payable increased by a substantial 91% to £60,000. Creditors also increased significantly, reaching £100,000. Debtors are a new addition, sitting at £140,000. Equity has seen a huge jump, increasing 300% to £180,000. It's worth noting that the company is exempt from an audit as a small entity. The accounts are unaudited.

The increase in both debt and equity suggests the company is investing in growth, perhaps expanding its operations or taking on new projects. The rise in corporation tax payable could be a result of increased profitability, or perhaps a change in tax regulations. Overall, Raocon Ltd seems to be navigating a period of change and expansion, but keeping a close eye on its liabilities will be important.

Registered in England/Wales under the registration number 11387210, with a registered address at CR0 5DQ, United Kingdom, Croydon, 16 Upfield.

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