Raytech International Ltd

Raytech International Ltd, based in Hereford, UK, is a small, family-run company with an active status, established 28 years ago. With just four employees and £80,194 in assets, it operates from a virtual address—a fact highlighted by the presence of sixteen other companies registered at the same location. The company is led by three directors and owned by two individuals. Raytech is a regular importer of electrical machinery and equipment, with 42 months of import activity recorded, the last operation occurring in October 2024.

The company's website, salesraytech.uk.com, showcases a wide range of electrical components, positioning itself as a UK supplier for ABL Sursum. It's clear that the business operates primarily as an online retailer, offering a catalogue of products including enclosures, circuit breakers, terminal blocks, and more. The website also features a blog with articles about ABL Sursum products, demonstrating a focus on technical expertise and customer education. It seems like they are aiming to provide a specialized service to the electrical and manufacturing industries.

Financially, Raytech International Ltd presents a mixed picture. While the company is small (meeting two of three conditions for a small company), its financial health appears to be declining. Cash bank on hand has decreased by 27% to £35,000, and current assets have fallen by 25% to £80,000. Furthermore, equity has plummeted 70% to just £8,700, a significant drop. Debtors have also decreased by 30%, which could be a positive sign of improved collections, but creditors remain at £40,000. It’s worth noting that the company is exempt from an audit, so the financial statements are unaudited.

The sharp decline in equity is concerning, suggesting the company may be burning through cash or facing financial pressures. However, the consistent import activity and the focus on a specialized product range suggest a business with a clear market and a loyal customer base. It’s possible that the company is reinvesting in its business, but the financial data warrants closer monitoring.

Registered in England/Wales under the registration number 03242683, with a registered address at HR1 2SF, England, Hereford, Unit 2, Foley Works, Foley Trading Estate.

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