Rasanco Limited

Rasanco Limited is a small, holding company based in Winchester, UK, with an active trading status. Founded 27 years ago in 1998, the company employs four people and holds assets valued at £1,186,638. It operates from a real address and is overseen by two directors and one owner. Rasanco Limited regularly imports prepared or preserved plant-based foods, with 87 months of import activity recorded, and has recently started exporting the same products, with three months of export activity.

The company’s activities center around the wholesale of fruit and vegetables, and it appears to operate alongside a related business, Rasanco Management Ltd. The company’s website is not available for analysis.

Financially, Rasanco Limited shows a mixed picture. Current assets decreased by 25% to £1,200,000, while equity also fell by 17% to £1,200,000. Bank cash increased by 6.6% to £1,100,000. Trade debtors dropped significantly by 98%, suggesting improved collection or reduced credit sales. Creditors also decreased by 94%, which is a positive sign. The company meets the criteria for being a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, as is typical for small companies.

While the company’s financial position seems stable overall, the decrease in assets and equity warrants further investigation. It’s possible that the company is reinvesting in its business or experiencing temporary fluctuations in sales. The company’s status as a holding company suggests it may have investments in other businesses, which could be impacting its financial performance.

Registered in England/Wales under the registration number 03493838, with a registered address at SO21 3DB, United Kingdom, Winchester, Westbrook Farm House Church Street, Micheldever.

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