Receptive Solutions Limited

Receptive Solutions Ltd from Chorley, UK, is a small holding company with an active status, established eleven years ago in 2013. The company employs seven people and holds assets totaling £1,412,849. It has a real address and is overseen by four directors and three owners. Receptive Solutions regularly imports and exports electrical machinery and equipment, with 110 months of import activity and 128 months of export activity recorded.

The company operates in the wholesale of computers, computer peripheral equipment and software, and electronic and telecommunications equipment and parts. Its website, Receptive Solutions, highlights its expertise in mobile phone circular economy, offering refurbishment, supply and distribution, insurance, and trade-in solutions. The company boasts a global network and caters to a diverse client base, including household names, providing services from intelligent sourcing to forward forecasting.

Financially, Receptive Solutions demonstrates a mixed picture. Current assets have increased by 28% to £1,400,000, while net assets have risen by 44% to £870,000. Bank borrowings have decreased by -46% to £9,900, and cash reserves have increased significantly by 220% to £800,000. Trade debtors have fallen by -28% to £330,000, suggesting improved collection practices, while creditors have also decreased by -23% to £180,000. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The substantial increase in cash reserves is a positive sign, but the decrease in trade debtors could indicate a slowdown in sales. The company’s focus on mobile phone circular economy appears to be a successful niche, but its financial performance will need to be monitored closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 08544377, with a registered address at PR7 1QD, England, Chorley, 22b Highfield Industrial Estate, North Street.

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