Retford Saddlery Limited

Retford Saddlery Limited, based in Newar, UK, is a small, active company founded 21 years ago in 2003. Employing seven people and holding £310,217 in assets, it operates from a real address and is managed by two directors and a single owner, who is also the solo founder. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from 89 reviews. It’s a regular importer of footwear and related items, with three months of import activity recorded as of September 2024.

The company's website showcases a wide range of equestrian and dog-related products, from riding boots and clothing to grooming supplies and accessories. It caters to both horses and dogs, offering a comprehensive selection for riders, owners, and pet lovers. The website also features a section for gifts and homeware, suggesting a broader appeal beyond the core equestrian market. It’s clear they are trying to appeal to a wide range of customers.

Financially, Retford Saddlery Limited presents a mixed picture. Current assets have decreased by 7.5% to £310,000, while net assets have fallen 7.6% to £110,000. Bank borrowings have increased by 2.5% to £10,000, and cash reserves have plummeted 88% to just £4,900—a significant drop. Trade debtors have also decreased by 39%, suggesting improved collection rates. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Retford Saddlery Limited seems to be facing some financial headwinds, particularly with the sharp decline in cash reserves. However, its strong Google rating and diverse product range suggest a loyal customer base and potential for future growth. It's a small business, and these things happen, but they should keep an eye on their cashflow.

Registered in England/Wales under the registration number 04992171, with a registered address at NG22 0TH, Newar, Barrow House Farm, Woodcoates, Lane, Darlton.

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