Rc Screws Ltd

Rc Screws Ltd, based in Blackburn, UK, is a small, active company founded four years ago. With just one employee and £52,437 in assets, it’s a solo venture led by a single director and owner, Nelson Frazer James. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating based on three reviews.

The business specializes in fasteners and fixings, offering a wide range of products including screws, bolts, adhesives, and power tool accessories. Its website clearly indicates a focus on wholesale and retail sales, catering to the construction and hardware industries. The site is well-organized and easy to navigate, with clear product categories and competitive pricing. The company also offers free shipping on orders over £100, a common incentive for online retailers.

Financially, Rc Screws Ltd shows a mixed picture. While current assets have increased by 11% to £52,000, net assets have decreased by 67% to -£780. This suggests the company may be reinvesting profits back into the business, or possibly facing increased expenses. Bank borrowings have decreased significantly, falling by 69% to £2,200, which is a positive sign. Trade creditors have also risen by 2.7% to £60,000, which could be due to increased stock purchases. 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 it to remain nimble, but the decrease in equity is something to watch. With no auditor mentioned, the figures are unaudited.

Overall, Rc Screws Ltd appears to be a well-managed e-commerce business, but it's facing some financial pressures. The company's focus on customer service and competitive pricing should help it maintain its Google rating and attract new customers, but it will need to carefully manage its expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 13253842, with a registered address at United Kingdom, Blackburn, Unit 8 Bridgewater Business Park, Gladstone Street.

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