Reliable Uk Trading Co. Ltd

Reliable UK Trading Co. Ltd, based in Kirkby-In-Ashfield, UK, is a small, active company founded twelve years ago. With 22 employees and £3,956,086 in assets, it operates from a real address at Lowmoor Business Park. The company, led by a single director and owner, Cai Ke, regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 180 months of import activity and 37 months of export activity. It’s a solo founder operation.

The company's website is simple, listing contact information, an address, a phone number, and an email address. It's clear that the business is focused on B2B sales rather than direct-to-consumer retail. The site’s copyright date of 2023 suggests a relatively recent update, though the overall design is functional rather than flashy.

Financially, Reliable UK Trading Co. Ltd shows some concerning trends. While revenue remained steady at £4.5 million, net assets dropped by 11% to £960,000. Bank borrowings increased by 130%, reaching £1 million, and cash reserves fell 5.1% to £930,000. Creditors decreased by 60%, which is a positive sign, but the increase in debt is something to watch. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 22 employees. There’s no auditor mentioned, which is common for small, exempt companies.

The company’s average number of employees decreased by 18%, which could indicate restructuring or a shift towards automation. The significant increase in debt, despite a decrease in creditors, suggests the company might be burning through cash to maintain operations. It’s possible that the company is investing in growth, but the lack of detail in the financial statements makes it difficult to say for sure. The company’s focus on machinery imports and exports, combined with its small size, suggests it’s a niche player in a competitive market.

Registered in England/Wales under the registration number 08423136, with a registered address at NG17 7LF, England, Kirkby-In-Ashfield, Nottingham, Prospect Close, Lowmoor Business Park.

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