Razedge Limited

Razedge Ltd from Loughborough UK: a small company with an active status, founded 43 years ago, employs two people, holds £35,887 in assets, has a real address, is overseen by three directors, and is owned by Ellis Glynn Arthur. The company operates in the manufacture of special-purpose machinery, retail sales via mail order and internet, and engineering design activities for industrial processes. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s website, razedge.net, emphasizes customer service and technical support, offering live chat, email, and phone assistance. It boasts a focus on hiring and training the best in the business, ensuring they stay up-to-date with the latest technology. The site also features a FAQ section addressing common questions about membership, privacy, and technical issues. It seems to be a membership-based service, offering profiles, photo uploads, and search capabilities for singles. The site’s language is a little repetitive, but it conveys a friendly and helpful tone.

Financially, Razedge Ltd’s situation is a little concerning. While fixed assets remain stable at £250,000, current assets are unchanged at £36,000. However, net assets have taken a significant hit, dropping 25% to -£120,000. Bank borrowings have increased by 9.6% to £15,000, and creditors have also risen by 8.4% to £290,000. The company’s losses remain unchanged at -£25,000. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited. The company’s small size and focus on specialised services may help it remain agile, but the decline in equity raises questions about its long-term financial health. It's clear that the company is still operating, but it’s facing some financial pressures.

Registered in England/Wales under the registration number 01587817, with a registered address at LE12 5GB, Loughborough, Leicestershire, Suttonfields Drive, Sutton Bonnington.

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