Rgs (uk) Ltd

Rgs (uk) Ltd is a small, active company based in London, UK, founded twelve years ago in 2012. With a single employee and £2,533,447 in assets, it operates from a virtual address—a fact highlighted by the presence of 107 other companies registered at the same location. The company is led by a solo founder and has one director. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 17 months of import activity recorded, the last in June 2022. It also engages in irregular exports of iron or steel products, with just two months of export activity, the latest in May 2023.

The company’s website, rgsgroup.co.uk, showcases a comprehensive range of cleaning, hygiene, and healthcare solutions. It’s clear they aren’t an e-commerce business; instead, they function as a wholesale supplier and service provider. The site highlights their focus on supporting the care home sector and offering a wide range of products and services, including cleaning equipment, janitorial supplies, and even training programs. They emphasize their commitment to sustainability and customer service, with a dedicated team providing specialist support. The website also includes a blog with articles on industry insights, regulations, and best practices—demonstrating a desire to establish themselves as thought leaders in their field.

Financially, Rgs (uk) Ltd presents a mixed picture. Cash bank on hand has seen a dramatic increase of 210%, jumping to £2,500,000. However, accrued liabilities deferred income have also risen by 47%, reaching £13,000. Trade creditors have ballooned by 440%, now at £2,200,000, which could indicate increased purchasing activity or potential payment delays. On the positive side, debtors have decreased significantly, falling 99% to just £14,000. Net assets and retained earnings have both decreased considerably, now at -£14,000. 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 for agility, but the decline in equity warrants closer attention. As a small company, it is exempt from a full audit, and the financial statements are unaudited.

Overall, Rgs (uk) Ltd appears to be a growing business, but it’s facing some financial pressures. The substantial increase in cash reserves suggests a period of strong sales, but the rising debts and declining equity indicate a need for careful financial management.

Registered in England/Wales under the registration number 08112653, with a registered address at EC3M 6BN, England, London, 1st Floor Sackville House, 143-149 Fenchurch Street.

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