Redback Cards Limited

Redback Cards Ltd from Newton Abbot UK: a small holding company with an active status, was founded eight years ago. The company employs ten people and holds £1,636,677 in assets, operating from a virtual address. It’s led by one director and one owner. The company regularly imports jewelry, precious stones, and metals (39 months imported) and exports printed materials like books, newspapers, and pictures (26 months exported).

The company’s website, Redback Cards, functions as a trade platform for greeting cards and related items. It sells a wide variety of cards, notebooks, coasters, and gifts, with a particular focus on humorous designs. The site caters to both retail customers and trade clients, offering different pricing structures and ordering options. The company also operates a separate consumer site. The website’s design is clean and modern, with high-quality product images and easy navigation.

Financially, Redback Cards Ltd shows some interesting trends. Cash bank on hand has seen a dramatic increase of 500%, reaching £470,000, which is a very positive sign. However, net assets have increased by 74%, reaching £830,000, which is good. Bank borrowings have decreased by -10%, reaching £87,000, and creditors have increased by 15%, reaching £730,000. Accumulated amortisation impairment intangible assets has increased by 14%, reaching £120,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be flexible, but the increase in creditors suggests a need to manage debt carefully. The accounts are unaudited, as is common for small companies.

Registered in England/Wales under the registration number 10192914, with a registered address at TQ12 4AA, United Kingdom, Newton Abbot, Devon, Wessex House, Teign Road.

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