Rcbitz Limited

Rcbitz Limited, based in Salisbury, UK, is a small, active company founded thirteen years ago in 2012. With four employees and £116,854 in assets, it operates from a virtual address, a detail worth noting as fifty-four companies share the same location. The business is run by a solo founder who also serves as director and owner. Rcbitz Limited maintains an e-commerce site and regularly imports toys, games, and sports equipment, with a history of importing for twenty-eight months, though the last import was in July 2020.

The company's website, rcBitz, is dedicated to the sale of RC (Remote Control) scale models, parts, and accessories, primarily catering to the crawler and off-road racing hobbyist. It offers a wide range of products, including RC kits, parts, wheels, tyres, and electronics, from brands like RC4WD, Axial, and FTX. The site also features a blog with news and updates for the RC community, and even highlights recent losses of their daughter.

Financially, Rcbitz Limited presents a mixed picture. Current assets have decreased by 11%, dropping to £120,000, while net assets have fallen by 12%, settling at £110,000. Bank cash has increased by a healthy 44%, reaching £11,000, but trade debtors have surged by 410%, now at £740—a potentially concerning trend. Creditors have also decreased slightly, and the company’s small size (meeting two of three criteria for a small company) helps it remain flexible. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Rcbitz Limited appears to be navigating a period of change, with some positive signs in cash flow offset by increases in outstanding debts. The company’s focus on a niche market and its online presence suggest a potential for continued growth, but careful management of finances will be crucial.

Registered in England/Wales under the registration number 07933069, with a registered address at SP1 2DR, Salisbury, Wiltshire, Windover House, St Ann Street.

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