Rick Connell Limited

Rick Connell Limited, based in Petersfield, UK, is a small, active company founded 16 years ago. With 17 employees and £629,460 in assets, it operates from a virtual address – a point of note as 23 companies are registered at the same location. The business is led by two directors and a single owner, who also serves as the solo founder. It regularly imports machinery, boilers, and mechanical appliances, with a consistent 14-month import history, the last operation occurring in January 2025.

The company’s activities center around other engineering activities, and it operates an e-commerce site. However, the website is currently unavailable, making it impossible to assess its online presence or sales strategy. It’s unclear if the site is under development, experiencing technical issues, or if the company primarily operates through other channels.

Financially, Rick Connell Limited’s recent performance presents a mixed picture. Current assets have significantly decreased by 37%, dropping to £630,000. Bank borrowings have risen sharply, reaching £29,000, while cash reserves have fallen 11% to £110,000. Trade debtors have also seen a considerable decline, decreasing by 41% to £520,000. On a more positive note, creditors have decreased by 70%, suggesting improved debt management. Equity has also fallen by 10%, dropping to £640,000. 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 decline in assets and cash warrants attention. The absence of an auditor, likely due to its small size, means the figures are unaudited.

The company's financial data also reveals a decrease in the average number of employees during the period, falling from 17 to 15—a 12% reduction. This could be due to restructuring, seasonal fluctuations, or other operational changes. The company’s reliance on imports, particularly in the machinery sector, could also make it vulnerable to supply chain disruptions or changes in trade regulations.

Registered in England/Wales under the registration number 06620738, with a registered address at GU32 3JG, England, Petersfield, Lyndum House, 12 High Street.

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