R D Residential Ltd

Rd Residential Ltd is a small, active company based in Kensington, London, UK, founded 22 years ago in 2003. It employs four people and holds £863,945 in assets. With a real registered address and two directors and owners, the company operates from a prestigious address in Albert Hall Mansions. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 25 months of import activity recorded, the last operation made in December 2024.

The company’s website reveals a focus on property development, specializing in the design and refurbishment of luxury houses and apartments in London. It offers a comprehensive approach, covering construction, refurbishment, design, maintenance, and property management. The website also features testimonials from satisfied clients praising the company’s efficiency and expertise, and even a video showcasing a successful project.

Financially, Rd Residential Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment has remained constant, but additions to motor vehicles have increased. Cash bank on hand has significantly decreased by 72%, dropping to £33,000, and creditors have risen by 40%, reaching £540,000. Equity has also declined by 22%, falling to £340,000. Despite these challenges, the company’s net current assets have decreased by 29%, and its fixed assets have increased by a remarkable 970%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity and cash reserves suggests it's burning through money. There's no auditor mentioned, which is likely due to its status as a small company. It’s a bit worrying that the company's description of principal activities is missing from the report.

Registered in England/Wales under the registration number 04715176, with a registered address at SW7 2AQ, London, Ground Floor South Office, 84 Albert Hall Mansions.

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