Ricol Leisure Limited

Ricol Leisure Ltd from Weymouth, UK, is a small, family-run business with an active status, having been founded 23 years ago. Employing nine people, the company holds £336,401 in assets and operates from a virtual address, registered to multiple companies – a bit unusual. It's led by three directors and owned by two individuals, Jenkins Carol Ann and Jenkins Richard. The business regularly imports and exports toys, games, and sports equipment, with 51 months of import activity and 6 months of export activity recorded.

The company’s website highlights its focus on hot tubs, offering sales, servicing, and even hire options. It’s clear that Ricol Leisure is positioning itself as a specialist in the hot tub market, with a strong emphasis on customer relaxation and well-being. The site also mentions a showroom and a commitment to providing high-quality products at affordable prices. It’s a locally owned business, serving the Weymouth area for over 10 years.

Financially, Ricol Leisure Ltd presents a mixed picture. While cash reserves increased by 39% to £100,000, net assets grew by a substantial 25% to £220,000. However, bank borrowings also increased significantly, by 39% to £6,200. Amounts owed to directors decreased by 38%, which could indicate better financial management. 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 increase in bank borrowings suggests a need for careful cash flow management. No auditor is mentioned, which is typical for small, exempt companies. It’s a bit strange that the average number of employees decreased by 11%, but it's likely a temporary fluctuation. Overall, Ricol Leisure seems to be holding its own, but it's important to monitor its financial trends closely.

Registered in England/Wales under the registration number 04318197, with a registered address at DT4 9GD, United Kingdom, Weymouth, Select, C/O Dorset Accountancy Limited Unit 2.11, City & Provincial House, Surrey Close.

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