Rega Research Limited

Rega Research Ltd, based in Southend-On-Sea, UK, is a large, established company with an active status, celebrating 51 years since its founding in 1973. Employing 141 people, the company holds assets valued at £20,294,044. It operates as a holding company and maintains a real address, with one director and one owner. Rega Research is known for its e-commerce site and boasts a stellar 5.0 Google rating from 35 reviews. The company regularly imports and exports electrical machinery and equipment, with 266 months of import activity and 687 months of export activity.

The company's website showcases a wide range of high-end audio equipment, including turntables, amplifiers, phono stages, CD players, DACs, loudspeakers, cartridges, tonearms, and systems. It's clear that Rega Research is dedicated to designing and manufacturing award-winning Hi-Fi equipment, with a strong emphasis on British engineering and craftsmanship. The site is well-structured, easy to navigate, and provides detailed product information, showcasing a commitment to customer engagement.

Financially, Rega Research Ltd shows some interesting trends. While cash reserves increased by 10% to £9,900,000, net assets decreased by 4% to £22,000,000. Bank borrowings increased by 12% to £360,000, and staff costs rose by 19% to £4,200,000. It's worth noting that creditors decreased by 14%, suggesting improved debt management. The company meets the criteria for a large company, having turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The company's financial statements were audited by Rickard Luckin Limited. The increase in staff costs could be linked to ongoing product development and marketing efforts, while the slight dip in net assets might reflect investments in the business. It’s probable that the company is reinvesting profits to fuel future growth, but a closer look at the detailed financial statements would be needed to confirm this.

Registered in England/Wales under the registration number 01118303, with a registered address at SS2 5TE, United Kingdom, Southend-On-Sea, Essex, Unit 6 Coopers Way, Temple Farm Industrial Estate.

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