Redirect Marketing Ltd

Redirect Marketing Ltd, based in Cheam, UK, is a small, family-run business with an active status. Established thirteen years ago in 2011, it employs five people and holds £2,441,513 in assets. The company operates from a virtual address, registered with seventy five other companies, and is managed by three directors and three owners. It’s a regular importer of clothing and accessories made by knitting or crocheting, with eight months of import activity, and a regular exporter, boasting 106 months of export activity.

The company's website reveals it specializes in inventory management and the disposal of branded consumer goods. It provides solutions for overstock, bankrupt stock, and liquidated stock, offering a global network of customers to redistribute excess inventory. Key markets include clothing, accessories, watches, sunglasses, and a wide range of consumer goods. The website also highlights its motorsport division, acting as the official supplier of Formula 1 merchandise.

Financially, Redirect Marketing Ltd presents a mixed picture. While net assets increased by 19% to £1,700,000, current assets decreased by 24% to £2,400,000. Bank borrowings decreased by 30% to £23,000, and cash reserves increased by 5% to £1,500,000. Trade debtors decreased by 61% to £370,000, and creditors decreased by 63% to £590,000. 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 remain agile. However, the increase in bank borrowings suggests a need for external financing. The company is exempt from an audit, and the financial statements are unaudited. The company has a deferred tax policy and a tax policy. The company's revenue recognition policy is also mentioned.

Registered in England/Wales under the registration number 07636614, with a registered address at SM2 7AJ, Cheam, Surrey, 2 Villiers Court, 40 Upper Mulgrave Road.

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