Relentless Interiors Limited

Relentless Interiors Ltd from Ilkley UK: small company, active status, founded 9 years ago, 4 employees, £337,013 assets, virtual address, 3 directors, 2 owners. Regular importer of tanning and dyeing products (29 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other specialised construction activities n.e.c. industries. Officially, it has two owners or PSCs, three directors, and four employees.

The company’s website is currently unavailable, so it's difficult to determine the specifics of its operations beyond the information provided in the report. It’s unclear if they have an e-commerce presence or primarily work on a project-by-project basis.

Financially, Relentless Interiors Ltd presents a mixed picture. Current assets increased by 12% to £340,000, while net assets rose by a significant 48% to £350,000. Bank borrowings decreased by 43% to £13,000, and cash reserves dropped 19% to £150,000. Creditors decreased by 31% to £110,000, suggesting improved debt management. The company’s average number of employees increased by 50% to six, which could indicate growth or increased workload. The company’s turnover is not mentioned, but it’s likely to be relatively low given its size. The company’s equity grew substantially, which is a good sign, but the increase in debtors by 62% could be a concern if it indicates difficulty collecting payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The substantial increase in equity suggests the company may be profitable, or that it has received an injection of capital. However, the rise in debtors warrants further investigation. The company’s virtual address, shared by 140 other companies, is a potential red flag, though it's a common practice. The company's growth in employees, coupled with the increase in assets, suggests a period of expansion, but the financial data needs to be monitored closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 09935111, with a registered address at LS29 8FL, England, Ilkley, Suite 2 The Point, Mayfield Road.

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