Reflex Trading Ltd

Reflex Trading Ltd is a small, active company based in Barnet, UK, founded 29 years ago in 1995. It employs 13 people and holds £1,089,981 in assets. Officially, there are no owners reported, although one director, Murchison Nigel Raymond, is listed. The company operates from a real address and is classified as an irregular importer, primarily dealing in clocks, watches, and their parts, with recent import activity recorded just one month ago. The company operates in the other service activities n.e.c. industries.

The company's website, reflexvehiclehire.com, reveals a commercial vehicle rental business. It offers a wide range of vehicles, from vans to executive cars, catering to businesses needing transport solutions. Reflex Vehicle Hire emphasizes flexible rental services, telematics, safety features (like dashcams and driver risk management), and a nationwide presence. They even have a dedicated section for electric vehicles, promoting home charging and resources for businesses transitioning to EVs. The site’s focus is on providing tailored transport services, including racking, livery, and technology upgrades, with a “Safety as Standard” promise.

Financially, Reflex Trading Ltd shows some interesting trends. Cash reserves increased by a significant 65%, reaching £480,000, which is a positive sign. However, net assets also increased by 160%, reaching £460,000, and bank borrowings decreased by 27%, reaching £230,000. Creditors decreased by 38%, suggesting better debt management. Trade debtors increased by 6.6%, which could be a result of expanding sales. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Overall, Reflex Trading Ltd seems to be in a reasonably healthy position, with increased cash reserves and better debt management. The vehicle rental business appears well-established, with a focus on safety and technology. However, the increased net assets could be a result of retained earnings, and it's important to monitor the company's continued financial performance.

Registered in England/Wales under the registration number 03063852, with a registered address at EN5 5XE, Barnet, Hertfordshire, Highland House, Bath Place.

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