Redpath Plumbing Ltd

Redpath Plumbing Ltd, based in Musselburgh, UK, is a small, active company founded 17 years ago. With 12 employees and £327,194 in assets, it operates from a real address and is led by one director and owner. The company regularly imports furniture, lighting, and prefabricated buildings, with the most recent import activity occurring in December 2024.

The business specializes in kitchens, bathrooms, and garden rooms, operating a showroom and offering design and installation services. It partners with well-known European brands like Nolte, Burbidge, and Laufen, catering to both supply-only and full-contract customers. The company’s website highlights its expertise and commitment to customer service, offering a range of products and services for home interiors.

Financially, Redpath Plumbing Ltd presents a mixed picture. While current assets increased by 16% to £330,000, net assets declined by 15% to £260,000. Bank borrowings increased by a significant 2,400% to £29,000, and cash reserves decreased by 5.4% to £240,000. Trade debtors have risen dramatically by 210%, suggesting potential issues with customer payments, and creditors have also increased by 41%. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The unaudited financial statements, lacking an auditor’s report, rely on director-reported data.

The company’s decline in equity could be attributed to increased investment in inventory or expansion efforts—though the sharp rise in borrowings suggests a need for additional funding. It's worth noting that the company's focus on high-end brands and bespoke design could be a double-edged sword, attracting discerning customers but also increasing operational complexity.

Registered in Scotland under the registration number SC332921, with a registered address at EH21 6RU, Musselburgh, Midlothian, Unit 7 Fisherrow Industrial Estate, Newhailes Road.

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