Red Ray Solutions Limited

Red Ray Solutions Ltd from Bolton, UK, is a small, active company founded seven years ago. With three employees and £57,305 in assets, it operates as a solo-founder venture with two directors overseeing its operations. The company maintains a real address and runs an e-commerce site.

The website showcases a range of products, primarily sports and outdoor gear, baby items, and PPE, with a focus on sales and discounts. It's clear they’re targeting a broad consumer base with a variety of goods, and the site emphasizes fast shipping and customer support. They even have a blog, though it’s not frequently updated.

Financially, Red Ray Solutions Ltd presents a mixed picture. While cash reserves have significantly decreased by 90%, falling to just £2,800, debtors have increased substantially by 55%, reaching £54,000. This suggests they might be extending credit to customers or experiencing delays in payments. Bank borrowings have also decreased by 18%, which is a positive sign. Net assets, however, have risen by 110%, reaching £24,000. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The accounts are unaudited, and no auditor is mentioned.

Overall, Red Ray Solutions Ltd seems to be navigating a period of change. The increased debtors could be a sign of growth, but also a potential risk. The company’s focus on e-commerce and diverse product offerings suggests a willingness to adapt, though the financial figures warrant close monitoring.

Registered in England/Wales under the registration number 10864034, with a registered address at BL1 3AS, England, Bolton, Unit N/1/12 Nortex Business Centre, 105 Chorley Old Road.

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