Redlabeloutlet Limited
- Small
- Active
- 12 years
- 4 employees
- £522,895 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Regular exporter
- Solo founder
- E-commerce
- Rating 4.0 (35)
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
Redlabeloutlet Ltd from Wembley UK is a small, active company founded twelve years ago in 2012. With four employees and £522,895 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and maintains a 4.0 Google rating based on 35 reviews. It’s an irregular importer of rubber and rubber products (last import in 2022) and a regular exporter of essential oils and perfumes (last export in 2024).
The company’s website showcases a wide range of fragrance, cosmetics, body care, hair care, and skin care products, catering to both men and women. It features a variety of brands and offers deals, highlighting a focus on competitive pricing and customer appeal. The site also emphasizes quick delivery and excellent customer service.
Financially, Redlabeloutlet Ltd’s recent report reveals some concerning trends. Cash bank on hand dropped significantly by 61%, falling to £110,000. Trade debtors increased dramatically, soaring 100% to £320,000, which could indicate difficulties in collecting payments. However, creditors decreased by 18%, suggesting some improvement in managing short-term liabilities. Equity, however, grew by 46%, reaching £130,000, which is a positive sign. The company’s small size (meeting two of three criteria for being small) helps it remain flexible, but the decline in cash reserves warrants attention. The report, being unaudited and prepared under FRS 102, relies on director-reported data.
While the e-commerce site appears vibrant and well-rated, the financial picture suggests a company navigating challenges. The growth in debtors, however, may be a sign of expansion, but it's something to keep an eye on.
Registered in England/Wales under the registration number 08109990, with a registered address at HA0 1HD, Wembley, Middlesex, Suite 111 Viglen House Business Centre, 368 Alperton Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Patel Krishna
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Patel Krishna
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Unaudited abridged accounts made up to 2024-06-30Download 6 pages pdf report
-
Confirmation statement made on 2024-06-06 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-06-30Download 6 pages pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
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FAQ about Redlabeloutlet Limited
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