Rea Agencies Limited

Rea Agencies Ltd from Newry UK is a small, family business with an active status, having been founded 39 years ago in 1986. Employing 14 people, the company holds £2,106,427 in assets and operates from a real address at 25 Donaghaguy Road, Warrenpoint. With three directors and two owners, Rea Agencies has a 5.0 Google rating based on one review. The company is an irregular importer of basic metal tools and utensils, with import activity spanning two months, the latest in July 2024.

The company's website, reaagencies.co.uk, showcases a wholesale supplier of industry products including agriculture, gardening, household, building, hardware, and DIY tools materials. They stock leading brands like Gorilla, O'Keefe's, and Gardena, catering to a wide range of customers. The site features a full product list, special offers, and detailed information on delivery and returns policies. It's clear they’re focused on providing a comprehensive range of products to trade customers.

Financially, Rea Agencies Ltd shows a mixed picture. Current assets increased by 5% to £2,100,000, while net assets grew by 4.3% to £1,900,000. Cash reserves increased by 5.8% to £700,000. However, trade debtors also increased by 5% to £580,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation charges remained consistent, and the company is exempt from an audit.

Overall, Rea Agencies Ltd seems to be a stable, family-run operation, though the increase in debtors could be something to keep an eye on. The company's focus on a wide range of products and strong brand partnerships suggests a solid foundation for continued success, even with the challenges of being a small business.

Registered in Northern Ireland under the registration number NI019307, with a registered address at BT34 4RZ, Newry, Co.Down, 25 Donaghaguy Road, Warrenpoint.

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