Red Box Limited

Red Box Ltd from Warrington UK is a small, active company founded 25 years ago. It employs four people and holds £699,651 in assets, operating from a virtual address. The company has two directors and one owner. Red Box Ltd regularly imports and exports electrical machinery and equipment – 31 months of import activity and 16 months of export activity have been recorded.

The company’s website is non-existent, making it difficult to determine its exact operations beyond what’s stated in the report. It appears to be a wholesale business, operating in the electronic and telecommunications equipment and parts industries.

Financially, Red Box Ltd presents a mixed picture. While net assets increased by 38% to £140,000, cash reserves saw a significant boost, jumping 280% to £260,000. However, trade debtors decreased by a substantial 45%, falling to £180,000, suggesting potential issues with customer payments. Creditors also increased by 100%, reaching £510,000, which could be a result of increased purchasing activity. Bank borrowings were reduced by 88%, a positive sign. The company meets the criteria for a small company, having a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The significant decrease in trade debtors is a point to consider. It could be a temporary blip, or it could indicate challenges in collecting payments from customers. The increase in creditors suggests the company is investing in inventory or expanding its operations, which could be a good sign for future growth. The company's financial health seems stable, but the decrease in debtors warrants monitoring.

Registered in England/Wales under the registration number 03824348, with a registered address at WA4 6NU, England, Warrington, The Annexe, Walton Lodge Hillcliffe Road, Walton.

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