Richmond Industries (uk) Limited

Richmond Industries (UK) Limited, based in Reading, UK, is a small, active company founded 32 years ago in 1993. With four employees and £351,102 in assets, it operates from a real address at B9 Acre Business Park. The company is led by two directors and has one owner, Beasley Christopher Edwin. Richmond Industries is known for its irregular importing of optical and medical tools and devices, with just one month of import activity recorded, and regular exporting of machinery, boilers, and mechanical appliances—spanning 56 months of export activity.

The company’s website, The Load Cell Shop, reveals a core business in load cell design and manufacture, selling a wide range of products including S-beam, low-profile, and high-capacity load cells, as well as load links and display amplifiers. The site also highlights custom-designed load cells and restoration services, catering to diverse industries from materials testing to disaster recovery. It's clear they're aiming to be a one-stop shop for load cell requirements, offering expert advice and even calibration services.

Financially, Richmond Industries shows a mixed picture. Current assets increased slightly to £350,000, while net assets grew to £310,000. However, bank borrowings decreased by 22%, and cash reserves remained steady at £230,000. Creditors decreased by 35%, which could indicate improved debt management. The company’s small size (meeting two of three conditions for a small company) helps maintain agility. With no auditor mentioned, the financial statements are unaudited.

The company's financial performance suggests it’s holding steady, but the decrease in bank borrowings could be a sign of reduced investment. The Load Cell Shop's focus on high-quality, precision products and bespoke solutions positions it well in a niche market, but the long-term sustainability of this strategy remains to be seen.

Registered in England/Wales under the registration number 02813623, with a registered address at RG2 0SA, England, Reading, Berkshire, B9 Acre Business Park, Acre Road.

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