Redd Retail Limited

Redd Retail Ltd, based in Melton Mowbray, UK, is a small holding company with an active status, having been founded eleven years ago. With eighteen employees and £1,272,522 in assets, the company operates from a real address and is overseen by three directors and one owner. Redd Retail is a regular importer and exporter, specializing in furniture, lighting, and prefabricated buildings, with 112 months of import activity and 20 months of export activity.

The company's website highlights Redd Retail Group as a family-run business producing luxury watch and jewellery displays globally for over twenty years. Its team, spanning the UK, USA, and Asia, focuses on creating retail experiences from design to installation. The company offers creative design concepts, artwork graphics, project management, international manufacture, and installation services. A mailing list sign-up encourages engagement, and the website showcases a range of clients and their positive feedback. Redd Retail Group has several subsidiaries, including Redd Retail Inc, Redd Retail HK Ltd, Redd Retail Asia Ltd, and Redd Retail Japan.

Financially, Redd Retail Ltd shows a mixed picture. Current assets decreased by 15% to £1,300,000, while net assets fell 12% to £730,000. Bank borrowings declined by 43% to £64,000, and cash reserves increased slightly to £330,000. However, creditors rose by 15% to £310,000, and trade debtors fell by 19% to £940,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors suggests a need for careful cash flow management. The company’s average number of employees increased by 17% to 21, which could indicate growth or increased workload. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Registered in England/Wales under the registration number 08991966, with a registered address at LE14 2RE, Melton Mowbray, Leicestershire, John O' Gaunt House Station Road, John O' Gaunt.

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