Richardson Supply Company Limited

Richardson Supply Company Ltd, based in London, UK, is a small, active company established 42 years ago. With just three employees and £1,507,730 in assets, it’s a family business founded by a solo entrepreneur and currently owned by Justin McArdle and Sara McArdle. The company operates from a real address and is overseen by two directors.

The business specializes in importing electrical machinery and equipment, having done so for 48 months, with the latest import occurring in February 2025. It’s also a regular exporter, with 650 months of export activity focused on machinery, boilers, and mechanical appliances—the last export taking place in March 2025. The company's website highlights its 40 years of experience in procuring and delivering high-technology products globally, including some of the most remote locations. It boasts ISO9001 accreditation and offers three main product categories: Information Technology, Industrial Supply, and Aid Related Materials. Efficient logistics and partnerships with leading carriers are key to its operations.

Financially, Richardson Supply shows some concerning trends. Current assets have decreased by 14% to £1,500,000, while net assets have increased by 11% to £750,000. Bank borrowings have fallen by 17% to £17,000, and cash reserves have increased by 13% to £630,000. Trade creditors have significantly decreased by 71% to £34,000, which is a positive sign. The company’s size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in assets should be monitored. The accounts are unaudited, as the company is exempt due to its small size.

Overall, Richardson Supply seems to be navigating a period of change, with a focus on maintaining its established export business and adapting to evolving market conditions.

Registered in England/Wales under the registration number 01724671, with a registered address at E7 9AE, England, London, 64 Sprowston Mews.

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