Relics Of Witney Limited

Relics Of Witney Ltd, based in Witney, UK, is a small, family-run business with an active status. Founded 24 years ago in 2001, it employs 11 people and holds £296,006 in assets. With a real address, three directors, and two owners, it’s a well-established operation boasting a stellar 5.0 Google rating from 91 reviews. 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 as a retail paint and hardware store, specializing in mixing interior and exterior paints instore. Its website, shoprelicsofwitney.co.uk, highlights a "Heritage" range by Dulux and offers a range of finishes, including RAL, British Standard, and NCS colours. It’s a traditional business with a modern online presence, offering both instore service and online shopping. They also seem to have a blog.

Financially, Relics Of Witney Ltd shows a mixed picture. Current assets increased by 5.4% to £300,000, while net assets rose by 14% to £240,000. Creditors decreased by a significant 39% to £53,000, suggesting improved debt management. However, bank borrowings increased by 2400% to £29,000, and cash reserves fell 30% to £28,000. Depreciation expense increased by 24%, which could indicate investment in new equipment. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Relics Of Witney Ltd appears to be a stable, family-run business navigating the challenges of a competitive market. While the increase in bank borrowings is a concern, the company’s strong Google rating and focus on customer service suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 04196200, with a registered address at OX28 6BZ, England, Witney, Oxfordshire, The Old Works, Corn Street.

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