R F Concepts Limited

Rf Concepts Ltd, based in Belfast, UK, is a small, family-run business with an active trading status. Established 21 years ago in 2003, the company employs five people and holds £70,461 in assets. It operates from a real address at Dundonald Enterprise Park, and is led by three directors and two owners. The business runs an e-commerce site specializing in CCTV equipment, with a stellar 5.0 Google rating based on fifteen reviews. While it regularly imports, with 40 months of import activity, it only exports irregularly, with just two months of export activity recorded.

The company’s website, RF Concepts, positions itself as a leading supplier of CCTV cameras and equipment throughout the UK and Ireland. It caters to both trade and public customers, offering a wide range of products from Hikvision and HiLook, including cameras, recorders, and accessories. The website emphasizes quality products, competitive pricing, and customer service, and even highlights its status as an authorized Hikvision wholesaler. The site also includes a section dedicated to PTZ cameras, showcasing their advanced features and applications.

Financially, Rf Concepts Ltd presents a mixed picture. While current assets remain stable at £70,000, bank borrowings have increased significantly, rising 500% to £510. Debtor levels have also risen sharply, increasing by 90% to £26,000. Equity, however, has decreased by 13%, resulting in a net asset position of -£85,000. Creditors have also increased by 3.5% to £250,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity raises questions about its long-term financial health. With no auditor mentioned, the figures rely on unaudited statements.

In short, Rf Concepts Ltd appears to be navigating a period of change. Its strong online presence and reputation for quality products are positives, but the increase in debt and decrease in equity suggest it's facing financial pressures. Whether it can sustain its growth and maintain its position as a leading CCTV supplier remains to be seen.

Registered in Northern Ireland under the registration number NI047717, with a registered address at BT16 1QT, Belfast, H5 Dundonald Enterprise Park, Carrowreagh Road, Dundonald.

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