Rf Trading Ltd

Rf Trading Ltd, based in Hereford, UK, is a small, family-run business with an active status. Founded eight years ago in 2016, it employs just two people and holds £80,404 in assets. The company operates from a virtual address – sixteen other companies are registered at the same location – and is managed by two directors and owners, Harris Amy and Harris Mark. It’s a regular importer, primarily of optical and medical tools and devices, with three months of import activity recorded, the last in January 2022.

The company’s website, RF Solutions, showcases a wide range of radio control systems, modules, antennas, and accessories. It's a manufacturer and distributor, offering both standard products and bespoke design services. The site clearly targets industrial and commercial clients, with a focus on wireless switching, monitoring, and control solutions. The recent website update, implemented in November 2024, suggests a commitment to modernizing its online presence and improving customer experience, although it means existing users needed to reset their passwords.

Financially, Rf Trading Ltd shows a mixed picture. Cash reserves have skyrocketed by 1600%, reaching £58,000, a very positive sign, but bank borrowings have also increased by 14%, now at £29,000. Current assets have grown by 26%, reaching £80,000, while trade debtors have decreased significantly by 63%, a possible indication of better collection practices. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the increased borrowings warrant closer monitoring. With no auditor mentioned (likely exempt as a small company), the financial data is unaudited.

Overall, Rf Trading Ltd appears to be a resilient small business navigating a competitive market. The strong cash position and growing assets are encouraging, but the increased borrowing suggests a need to manage finances carefully. The company's focus on specialized radio solutions and its commitment to customer service position it well for continued success, even if the financial data is a little bit rough around the edges.

Registered in England/Wales under the registration number 10264634, with a registered address at HR1 2LL, United Kingdom, Hereford, Herefordshire, Hereford House, 3 Offa Street.

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