Rdx Supplies Ltd

Rdx Supplies Ltd, based in Tonbridge, UK, is a small, active company founded nine years ago in 2015. With a single employee and £54,585 in assets, it operates from a virtual address shared by 145 other companies, a detail that raises some questions. The business is led by a single director and owner, Howell Kevin Roy, who also serves as the solo founder. Rdx Supplies Ltd regularly imports machinery, boilers, and mechanical appliances—parts, with 21 months of import activity recorded, the latest in December 2024. It also exports these same items, though less frequently, with just one month of export activity as of September 2024. The company operates in the other retail sale in non-specialised stores industries.

The company's website is currently unavailable, making it difficult to assess its online presence and sales strategy. Without a website, it’s hard to determine if Rdx Supplies Ltd operates primarily through a physical location, trade shows, or direct sales. It's likely a business-to-business operation, supplying parts and equipment to other companies.

Financially, Rdx Supplies Ltd presents a mixed picture. Current assets have decreased by 21% to £55,000, while net assets have also fallen by 1.3% to £76,000. Bank borrowings have been reduced by 30%, a positive sign, and cash reserves have plummeted 85% to a low £4,600. Trade debtors have increased significantly by 150%, suggesting potential issues with customer payments, or perhaps a deliberate expansion of credit terms. Creditors have also increased, though at a smaller rate of 1.5%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 0 employees) allows for flexibility, but the sharp decline in cash reserves is concerning. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Rdx Supplies Ltd seems to be facing financial pressures. While it maintains a regular import stream, the decrease in cash reserves and increase in trade debtors suggest it’s burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company will need to address its cash flow situation to ensure its continued operation.

Registered in England/Wales under the registration number 09677462, with a registered address at TN9 1HR, United Kingdom, Tonbridge, Kent, Apex Partners Hildenbrook House, The Slade.

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