Renaissance (scotland) Ltd.

Renaissance Scotland Ltd from Edinburgh UK: a small, active company founded 23 years ago, employs two people, and holds £772,261 in assets. It’s led by three directors and owned by Carroll John Kennedy, who also acts as the solo founder. The company regularly imports and exports electrical machinery and equipment, with 196 months of import activity and 16 months of export activity recorded.

Renaissance Audio, the company's website, showcases a curated selection of high-end audio equipment from brands like Audiovector, Moon, Nordost, and VPI. It’s clearly focused on the audiophile market, offering everything from speakers and amplifiers to turntables and cables. The site emphasizes quality, craftsmanship, and a personalized customer experience, positioning Renaissance Audio as a specialist retailer rather than a mass-market supplier. The site also includes a blog and news section, highlighting new products, reviews, and industry events.

Financially, Renaissance Scotland Ltd presents a mixed picture. Current assets increased by 11% to £770,000, while net assets grew by 17% to £650,000. Cash reserves also increased by 56% to £50,000. However, bank borrowings decreased by 50% to £10,000, and creditors decreased by 9.6% to £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the decrease in bank borrowings suggests a shift in funding strategy. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Renaissance Scotland Ltd appears to be financially stable and growing, but the company is holding steady and facing pressures. The focus on high-end audio equipment and personalized service suggests a sustainable business model, but the company is holding steady and facing pressures.

Registered in Scotland under the registration number SC221764, with a registered address at EH6 6LX, Scotland, Edinburgh, 94 Commercial Street Commercial Street.

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