Redec Industrial Limited
- Small
- Holding
- Active
- 20 years
- 12 employees
- £1,243,463 (assets)
- Virtual address
- 3 directors
- 2 owners
- Irregular importer
- E-commerce
- Rating 5.0 (14)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Redec Industrial Ltd from Loughton UK is a small holding company with an active status, established 20 years ago. The company employs 12 people and holds £1,243,463 in assets. It operates from a virtual address, has three directors, and two owners, and enjoys a stellar 5.0 Google rating based on 14 reviews. It's an irregular importer, primarily dealing in treated or layered fabrics for industrial use, with the last import occurring two months ago.
The company’s website is minimal, providing little insight into its operations beyond its registration details. It appears to function primarily as a holding company, with its core business involving management consultancy activities other than financial management. There’s no indication of an e-commerce presence or direct sales to consumers.
Financially, Redec Industrial Ltd presents a mixed picture. While cash bank holdings increased significantly by 280% to £340,000, current assets decreased by 9.9% to £1,200,000. Debtors have fallen by a substantial 35%, suggesting improved collection efforts, however, creditors have also decreased by 24%, which could be a positive or negative sign depending on the nature of the obligations. Equity has risen by 15% to £570,000, which is a good sign, but the increase in bank borrowings by an unconfirmed amount is something to keep an eye on. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited and exempt from audit, which is common for small companies.
The company's irregular import activity, combined with the holding company structure, suggests a focus on sourcing and managing specialized materials for industrial clients. The increase in bank borrowings could be linked to this activity, or perhaps to investments in the holding company’s other ventures. The directors seem to have a good handle on the business, but the company’s financial health will depend on maintaining strong debtor collection and managing its liabilities effectively.
Registered in England/Wales under the registration number 05394419, with a registered address at IG10 1DX, Loughton, Essex, Abacus House 14-18, Forest Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 4
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
- 3
-
Resident of United Kingdom
-
Individual
- 20 years
- 4
-
Resident of United Kingdom
-
Individual
- 20 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-03-16 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2024-03-31Download 8 pages pdf report
-
Confirmation statement made on 2024-03-16 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Redec Industrial Limited
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