Richards (wakefield) Limited

Richards (Wakefield) Limited, based in Harrogate, West Yorkshire, UK, is a small, active company founded 62 years ago in 1963. With four employees and £391,899 in assets, it’s a well-established family business run by two directors and owners. The company regularly imports optical and medical tools and devices, with its last import activity recorded three months ago. It operates in the retail sale of audio and video equipment in specialised stores.

The company’s website, richardwakefield.co.uk, showcases the work of commercial photographer Richard Wakefield, offering photography and filmmaking services to businesses and individuals across the UK and internationally. He’s worked with big names like James Corden and Coca-Cola, and his portfolio includes corporate photography, portraits, and films. The site emphasizes storytelling imagery and a mission to help clients create a professional brand image.

Financially, Richards (Wakefield) Limited shows a mixed picture. Current assets increased by 6%, reaching £390,000, while net assets grew by 30% to £210,000. Cash reserves, however, fell by 47%, dropping to £21,000. Bank overdrafts decreased by 32%, which is good, and creditors decreased by 13%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it stay flexible, but the decrease in cash reserves is something to keep an eye on. Plant and machinery decreased by 15%, which is a little concerning. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Richards (Wakefield) Limited seems to be holding its own, but the decrease in cash reserves might indicate a need to manage expenses carefully. The photography business appears to be thriving, but the retail side may be facing some challenges.

Registered in England/Wales under the registration number 00763265, with a registered address at HG1 1QQ, West Yorkshire, 6 Beulah Street, Harrogate.

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