Raz Express Ltd
- Small
- Active
- 3 years
- £12,558 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
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
Social media
Summary
Raz Express Ltd is a small, active company based in Musselburgh, UK, founded three years ago in December 2021. With £12,558 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Aziz Razna. The company operates in the retail sale via mail order houses or via internet industries, supplying unique and high-quality products exclusively for independent retail partners. Its website highlights a focus on sourcing and supplying these partners, offering custom packaging, wholesale supply, and marketing support.
The business's website presents a clear e-commerce model, with a strong emphasis on serving independent retailers. It’s not a consumer-facing store; instead, it acts as a wholesale supplier, offering curated products and value-added services like custom packaging and marketing assistance. The testimonials section showcases satisfied customers, reinforcing the company’s commitment to exceptional service and support. It's a niche business, focused on a specific customer base.
Financially, Raz Express Ltd shows some concerning trends. While cash bank on hand increased significantly by 840%, rising from £780 to £7,300, creditors surged by 430%, reaching £14,000. Trade debtors also increased, reaching £3,800. Net assets, however, decreased by 110%, dropping to just £120. This suggests the company may be relying on credit to manage its operations, and while sales appear to be increasing (reflected in higher debtors), it’s not necessarily translating into improved overall financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the reliance on credit and declining equity warrant close monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Registered in Scotland under the registration number SC716809, with a registered address at EH21 8RJ, Scotland, Musselburgh, 24 Hopper Gardens, Newcraighall.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Aziz Razna
- 3 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Aziz Razna
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-12-03 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
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Confirmation statement made on 2023-12-03 with no updatesDownload 3 pages pdf report
FAQ about Raz Express Ltd
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