Richardson Business Equipment Distributors Limited

Richardson Business Equipment Distributors Ltd, based in Bradford, UK, is a well-established family business with a 46-year history. Employing 33 people, the company holds £1,702,923 in assets and maintains a real address. With three directors and two owners, it enjoys a stellar 5.0-star Google rating based on 11 reviews. The business is a regular importer of furniture, lighting, and prefabricated buildings, having imported for 82 months, with the latest operation in March 2025.

The company’s website showcases Richardson Business Equipment Distributors Ltd as a provider of “workplace design and office interior solutions.” It’s not primarily an e-commerce site; instead, it offers a full suite of services, including office planning, design, refurbishment, and relocation. They cater to commercial, education, and healthcare sectors, offering everything from furniture supply to complete office fit-outs. Case studies highlight projects like the Bradford Grammar School sixth form centre, demonstrating their ability to deliver complex projects within tight deadlines. The website emphasizes a collaborative approach, working closely with clients to create efficient and engaging workspaces.

Financially, Richardson Business Equipment Distributors Ltd presents a mixed picture. While cash bank on hand increased by a healthy 26% to £330,000, current assets experienced a 11% drop to £1,700,000. Trade debtors decreased by 18%, suggesting improved collection efforts, but bank borrowings increased by 130%, reaching £29,000. Perhaps most concerning is the 24% decline in equity, falling to £540,000—a significant erosion of the company’s net worth. Despite this, the business remains small, meeting two of three criteria for a small company. The lack of an auditor is typical for a company of this size, and the figures are unaudited.

Overall, Richardson Business Equipment Distributors Ltd appears to be navigating a period of change. While the business maintains a strong reputation and a loyal customer base, the financial data suggests a need for careful management to ensure long-term stability. The company’s focus on providing comprehensive workplace solutions, combined with its family-run ethos, positions it well to adapt to evolving market demands.

Registered in England/Wales under the registration number 01372955, with a registered address at BD12 0RA, Bradford, West Yorkshire, The Business Centre Morley Carr Road, Low Moor.

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