Raycom Ltd

Raycom Ltd, based in Richmond, UK, is a small, active company established 14 years ago. With 16 employees and £1,504,004 in assets, it operates from a virtual address, a detail which is a little odd given that 212 companies are registered at the same location. The company is run by two directors and a solo founder, and has one owner. Raycom Ltd specializes in importing and exporting electrical machinery and equipment, with a long history of activity – 357 months of imports and 147 months of exports.

The company’s website reveals a significant focus on professional audio equipment. Raycom Ltd positions itself as a supplier to the film, broadcast, and live sound markets, offering a wide range of radio mics, in-ear monitors, and related accessories from brands like Wisycom, Lectrosonics, and Sennheiser. They also offer services like repair and maintenance, and even have a blog with technical articles. It’s clear they’re targeting a specialized, high-end customer base. They also stock Hollyland wireless comms, which are perfectly suited to the Theatre Industry.

Financially, Raycom Ltd's recent performance presents a mixed picture. Current assets have decreased by 23%, falling to £1,500,000. Bank borrowings have increased dramatically, rising by 2,500% to £260,000, while cash reserves have also declined by 24% to £390,000. Creditors have increased by 240% to £270,000. The company's net assets have fallen by 37% to £1,000,000. While the company meets the criteria for a small business, the increase in debt and decrease in cash reserves suggest potential financial pressures. The company's average number of employees has also decreased slightly, from 16 to 15. As a small company, Raycom Ltd is exempt from an audit, so the figures are unaudited.

The company's focus on specialized audio equipment and its long history of import/export activity suggests a resilient business model, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 07235496, with a registered address at TW9 2JA, United Kingdom, Richmond, 2nd Floor Nucleus House, 2 Lower Mortlake Road.

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