Rca Trading Ltd

Rca Trading Ltd from Leigh UK: small company, active status, founded 8 years ago, accounts overdue 3 years, confirmation overdue 2 years, £8,814 assets, real address, 1 director, 1 owner. It’s a small operation, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company is currently active, though it hasn’t filed accounts for three years and confirmation statements for two. It’s owned and directed by Adesina Adekunle Oluseyi Craig.

The company's website paints a picture of a much larger, international enterprise. RCA Group HK describes itself as a rapidly expanding international powerhouse in commodities trading and investments, with registered offices and operational centers in Hong Kong, Dubai, Cambodia, and London. It details operations in energy (oil and gas), with a focus on Cambodia, and extends to Ghana, Singapore, and the UK. The site emphasizes sustainability, innovation, growth, and philanthropy, alongside financial education and investment in future technologies. It’s quite a contrast to the small, UK-based entity registered with Companies House. The website mentions a commitment to "striving for excellence" and highlights a focus on high-quality service. It’s clear that RCA Trading Ltd, as registered in the UK, is likely a subsidiary or smaller part of this larger international group.

Financially, Rca Trading Ltd is showing some concerning trends. While cash reserves increased by 350% to £2,700, creditors within one year decreased by 26% to £7,700. Current assets have grown by 23% to £8,800, but equity has plummeted 130% to just £1,100, leaving the company with net assets of £1,100. Bank borrowings are also down, which is good. The company’s small size helps it remain flexible, but the significant decline in equity suggests it may be burning through cash. The lack of an auditor (likely exempt as a small company) means the figures are unaudited. It’s important to note that the company's retained earnings and accumulated losses have changed dramatically.

Registered in England/Wales under the registration number 10229494, with a registered address at WN7 2DH, United Kingdom, Leigh, 8 Duke Street.

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