Raylex Ltd

Raylex Ltd, a small, active company based in London, UK, has been operating for eleven years. Founded in 2013, it employs five people and holds assets totaling £1,226,736. Despite having a registered address, it's likely a virtual one, as 259 companies share the same location. The company is run by five directors, but there are no listed owners. Raylex Ltd regularly imports and exports drinks, alcohol, and vinegar—38 months of import activity and 7 months of export activity recorded, with the latest import in February 2025.

The company’s website, Raylex, focuses on providing a solution for nail biters. It markets a pen and accompanying app designed to help individuals break the habit. The website emphasizes the health and hygiene concerns associated with nail biting, promoting Raylex as a practical and effective tool. It also highlights the app’s features, encouraging users to download it and join a community of nail-biting quitters. The site even includes a five-step plan for success, encouraging users to commit, download the app, seek support, apply the pen, and celebrate their progress.

Financially, Raylex Ltd presents a mixed picture. While cash reserves have significantly increased by 180% to £780,000, net assets have declined by 11% to -£2.9 million. Bank borrowings have remained stable, at £10,000, but creditors have increased by 4.6% to £290,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decline in equity suggests potential financial pressures. Trade debtors have also decreased by 14%, which could be a positive sign of improved payment collection. The company’s financial statements are unaudited, and there's no auditor listed. Overall, Raylex Ltd seems to be navigating a challenging financial landscape, relying on its niche product and online presence to sustain operations.

Registered in England/Wales under the registration number 08590850, with a registered address at EC2V 6DN, United Kingdom, London, 9th Floor 107 Cheapside.

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