Richard Paul (sales) Limited

Richard Paul Sales Ltd, based in Stratford-Upon-Avon, UK, is a small, family-run business with an active status. Founded 26 years ago in 1998, the company employs seven people and holds £233,285 in assets. It operates from a virtual address, a detail worth noting, and is managed by four directors and two owners. The business runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 184 reviews. It’s an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with the last import activity recorded over four years ago in November 2018.

The company’s website, Richard Paul Menswear, showcases a wide range of formal menswear, including suits, jackets, trousers, and accessories – available for hire or purchase. It caters to various occasions, from Masonic ceremonies to weddings and funerals, with a particular emphasis on high-quality materials and tailored fits. The site also highlights a "Race Ready" section, promoting morning wear and pinstripe trousers, and even offers a showroom visit option in Stratford-Upon-Avon. It's a comprehensive online destination for gentlemen’s formal attire.

Financially, Richard Paul Sales Ltd presents a mixed picture. Current assets increased slightly to £230,000, while net assets decreased by 5.8% to £180,000. Trade debtors have significantly risen, ballooning by 160% to £43,000, which might indicate an increase in sales but also a potential challenge in collecting payments. Cash bank on hand has fallen by 14% to £72,000. Creditors have also increased by 36% to £72,000. 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 flexibility, but the increase in creditors and the decrease in cash reserves are worth keeping an eye on. As a small company, it’s likely exempt from an audit, so the figures are unaudited. Overall, Richard Paul Sales Ltd seems to be holding its own, but the increasing debt levels suggest a need for careful financial management.

Registered in England/Wales under the registration number 03676255, with a registered address at CV37 9NP, England, Stratford-Upon-Avon, Warwickshire, 13 The Courtyard Timothys Bridge Road.

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