Ray Rose Limited
- Small
- Active
- 29 years
- 8 employees
- £322,928 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ray Rose Removals, based in Hertfordshire, UK, is a small, family-run business with an active status, founded by Dan and Mark. The company employs eight people and holds £320,000 in assets. Operating from a registered address, it's managed by three directors and owned by two individuals. Ray Rose Removals specializes in removals, transport, and storage solutions, regularly importing and exporting goods, with 246 months of export activity recorded.
The company’s website details a comprehensive range of services, from full packing to storage solutions, catering to both residential and commercial moves. It even partners with storage companies to offer flexible storage options. The site emphasizes a commitment to excellent customer service and a smooth moving experience, offering free, no-obligation quotes and even arranging parking permits. The company has a perfect 5.0 Google rating from eight reviews.
Financially, Ray Rose Removals presents a mixed picture. Cash reserves decreased by 61%, falling to £10,000, and net assets dropped by 18%, settling at -£99,000. Bank borrowings increased by 3.3%, reaching £9,700, and trade creditors rose by 45%, reaching £56,000. The decrease in debtors by 6.9% suggests improved collection efficiency, but the negative equity and rising debts indicate potential financial strain. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it benefits from simplified reporting, but the unaudited figures warrant careful scrutiny. With no auditor mentioned, the financial data relies on director-reported information.
The company's focus on customer service and a range of services seems to be working well, as evidenced by its Google rating. However, the financial data suggests the business is burning through money, and the directors will need to carefully manage costs to ensure long-term sustainability.
Registered in England/Wales under the registration number 03208947, with a registered address at MK17 9AH, England, Milton Keynes, Alders Farm Ivy Lane, Great Brickhill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 50%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of Canada
Managers
-
Individual
- 18 years
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of Canada
-
Individual
- 20 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 9 pages pdf report
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Confirmation statement made on 2025-01-05 with no updatesDownload 3 pages pdf report
-
Registered office address changed from 39 Etchingham Park Road Finchley London N3 2DU to Alders Farm Ivy Lane Great Brickhill Milton Keynes MK17 9AH on 2024-07-01Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Ray Rose Limited
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