Rh Davey Welding Supplies Limited

Rh Davey Welding Supplies Ltd, based in Southampton, UK, is a small, active company founded ten years ago in 2014. Employing four people, it holds £562,714 in assets and operates from a virtual address – fifty-seven other companies are registered at the same location. The business, owned by two people and managed by four directors, is a family affair and runs an e-commerce site with a stellar 5.0 Google rating from fifteen reviews. It regularly imports electrical machinery and equipment, with the last import operation recorded in December 2024.

The company’s website showcases a wide range of welding equipment and supplies, including machines, torches, consumables, and safety gear. It caters to both professional welders and hobbyists, offering a comprehensive selection of products from leading brands. The site also provides valuable resources, such as technical guides and product demonstrations, to help customers make informed purchasing decisions. The website also offers a hire service for welding equipment.

Financially, Rh Davey Welding Supplies Ltd presents a mixed picture. Creditors increased by 28%, reaching £570,000, while cash bank on hand jumped 100%, to £28,000. Bank borrowings decreased significantly, dropping 55% to £10,000. Net assets grew by 120%, to £78,000. 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 agile. The increase in creditors could suggest the company is expanding its operations, but it’s also worth monitoring to ensure it maintains healthy cash flow. As a small company, it is exempt from an audit. The company’s website states that the accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 09121288, with a registered address at SO16 7JQ, United Kingdom, Southampton, Hampshire, 1st Floor Chilworth Point, 1 Chilworth Road.

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