Raphaele Canot Limited

Raphaele Canot Limited is a small, active company based in London, UK, founded eleven years ago in 2013. With £470,418 in assets and a real registered address, it’s a lean operation run by a single director and owner. The company operates in the wholesale of watches and jewellery, importing and exporting jewelry, precious stones, and metals regularly. It has one employee.

The company’s website, though not provided, likely reflects its wholesale focus, possibly showcasing a curated selection of jewellery and related products for retailers. Given its focus on wholesale, it's unlikely to be a direct-to-consumer e-commerce business.

Financially, Raphaele Canot Limited presents a mixed picture. Current assets increased by 23%, reaching £470,000, while net assets grew by 26% to £310,000. However, bank borrowings decreased by 56%, dropping to £860, and cash reserves fell by 19% to £73,000. Creditors increased by 17% to £170,000, and trade debtors grew significantly by 36% to £390,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in trade debtors suggests a potential need to manage customer payments more closely. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

The company’s regular import and export activity, particularly in jewelry and precious stones, indicates a stable business model. However, the increase in trade debtors warrants attention. The company’s financial health seems to be holding steady, but it will need to monitor its cash flow and manage customer payments effectively to ensure continued success.

Registered in England/Wales under the registration number 08511315, with a registered address at W14 0HU, London, 56 Sterndale Road.

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