Rextrek Grp Limited

Rextrek Grp Ltd from Ashford, UK, is a small, active family business established 35 years ago. With six employees and £675,736 in assets, it’s a well-established operation. The company, boasting a perfect 5.0 Google rating from one review, regularly imports clothing and accessories made by knitting or crocheting, with 55 months of import activity recorded. It's a real address, with three directors and two owners at the helm.

The company’s website highlights a specialized service: end-to-end apparel development, from product design to delivery. They work with brands, developing and producing products customers love, emphasizing a passion for design, development, and production. Rextrek positions itself as a specialist team of designers and production experts, leveraging over 30 years of experience and well-established factory relationships globally. They offer UK-based expertise, factory neutrality, and a focus on sustainability and compliance. The site even features a section showcasing past collaborations and encouraging visitors to follow them on Instagram.

Financially, Rextrek Grp Ltd’s recent performance presents a mixed picture. While cash reserves decreased by 13% to £430,000, current assets also fell by 9.4% to £680,000. Property, plant, and equipment saw a significant increase of 16%, though depreciation charges remained steady. Bank borrowings decreased slightly, and trade debtors also fell, suggesting improved debt management. However, a notable drop of 10% in retained earnings, down to £520,000, is worth noting. 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 for agility, but the equity decline warrants further investigation. As a small company, it’s exempt from an audit, so the figures are unaudited. The company has been doing well, but it’s important to keep an eye on those retained earnings.

Registered in England/Wales under the registration number 02409724, with a registered address at TN24 8JR, England, Ashford, Kent, 1st Floor 30 North Street.

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