Red Dot Cameras Limited

Red Dot Cameras Ltd from Woodford Green UK: a small, active company founded 17 years ago, employs five people, and holds £2,288,090 in assets. It operates from a virtual address, managed by three directors and two owners – a family business. The company regularly imports and exports optical and medical tools and devices, with 20 months of import activity and 138 months of export activity.

The company’s website is non-existent, which makes it difficult to determine its exact operations beyond the import/export activities. It seems to be a straightforward trading business, likely focused on sourcing and distributing specialized equipment.

Financially, Red Dot Cameras Ltd presents a mixed picture. Cash bank on hand has decreased by a significant 36% to £490,000, while net assets have increased by 3% to £2,200,000. Trade debtors have increased by 2.7% to £70,000, suggesting potentially delayed customer payments. However, creditors have fallen by 33% to £150,000, which is a positive sign of improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants attention. The company's property, plant and equipment has also decreased by 19% to £73,000. As a small company, it’s likely exempt from an audit, meaning the figures are unaudited.

Overall, Red Dot Cameras Ltd appears to be a stable, albeit somewhat cash-strapped, operation. The decrease in cash reserves should be monitored closely, but the improved debt management suggests the company is taking steps to maintain financial health.

Registered in England/Wales under the registration number 06384511, with a registered address at IG8 8EY, Woodford Green, Essex, The Retreat, 406 Roding Lane South.

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