Rdw Scenery Construction Limited

Rdw Scenery Construction Ltd is a small, holding company based in London, UK, with an active trading status. Founded 42 years ago in 1983, the company employs five people and holds £398,372 in assets. It has a real address and is managed by two directors and one owner. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with the last import operation occurring just one month ago in July 2024.

The company operates in the specialized construction and artistic creation industries. Its website, however, is currently unavailable, stating that Rdw Scenery is no longer trading. This suggests a significant shift in operations, or perhaps a temporary closure.

Financially, Rdw Scenery Construction Ltd exhibits a concerning trend. Net assets have fallen by a substantial 58%, dropping to £250,000. Cash reserves have also taken a hit, decreasing by 87% to just £14,000. Bank borrowings have decreased by 35%, however, and creditors have decreased by 48%, which could indicate better debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Despite this, the significant drop in equity suggests potential financial strain, although the unaudited nature of the accounts makes a full assessment difficult. There is no auditor mentioned, which is likely due to the company’s small size and exemption from an audit.

Registered in England/Wales under the registration number 01723037, with a registered address at NW10 7RG, England, London, Greater London, Unit A, Accounts Dept Genesis Business Estate, Rainsford Road.

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