Ric&co Ltd

Ricandco Ltd from London UK: small company, active status, founded 5 years ago, real address, 1 director, 1 owner, solo founder. Regular importer of basic metal tools and utensils (4 months imported). It’s a private limited company registered in England/Wales with the registration number 12286159. The company was founded five years ago on October 28, 2019, and registered at E6 5LX, England, London, 14a Mary Rose Mall, Beckton. The address is probably real as only eight companies registered at the same address. Its status is active. The company operates in the non-specialised wholesale trade industries. Officially, it has one owner or PSCs, one director and no number of employees published.

While the company’s website isn’t available to review, its core business involves importing and distributing basic metal tools and utensils. It’s likely that Ricandco Ltd operates as a wholesale supplier to retailers or industrial customers, rather than directly to consumers. The focus on metal tools suggests a B2B model, supplying businesses with essential equipment. It’s possible they have a small warehouse or distribution center, but without a website, it's difficult to determine the scale of their operations.

Financially, Ricandco Ltd presents a mixed picture. Current assets decreased by 32%, dropping to £3,900, while net assets increased by 67%, reaching £38,000. Bank borrowings surged by 26%, reaching £14,000, and cash reserves fell 32% to £3,900. Creditors increased by 13%, reaching £23,000, and debtors increased by 26%, reaching £14,000. Finished goods and goods for resale increased by 62%, reaching £43,000. 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 stay agile, but the decrease in cash reserves is something to keep an eye on. The accounts are unaudited, but were prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The company is entitled to exemption from audit under section 477 of the Companies Act 2006.

Registered in England/Wales under the registration number 12286159, with a registered address at E6 5LX, England, London, 14a Mary Rose Mall, Beckton.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.