Rid Ltd

Rid Ltd is a small, holding company based in Luton, UK, with an active trading status. Founded 25 years ago in 1999, the company employs thirteen people and holds assets valued at £1,876,480. It has a real registered address and is overseen by three directors and one owner. Rid Ltd regularly imports aluminum and aluminum products, with 7 months of import activity recorded, the latest being February 2025.

The company's website, Balila Home, showcases a range of snacks marketed as "the perfect snacks to enjoy healthy food." The site highlights natural ingredients, a focus on taste, and a commitment to nutritional value. Products include unique items like Balila Tubes, Puffy Corn, and Luxury Coconut Popito Popcorn, catering to consumers seeking wholesome and tasty treats. The website also features a "methologies" section detailing the company's natural ingredients and hygienic processing methods, and a newsletter subscription form. It appears to be an e-commerce operation, selling directly to consumers.

Financially, Rid Ltd presents a mixed picture. Cash bank on hand increased by a substantial 29% to £1,100,000, a positive sign of improved liquidity. However, corporation tax payable rose significantly by 86% to £86,000, which could impact cash flow. Trade debtors increased by 21%, reaching £740,000, potentially indicating delayed customer payments or a strategy to extend credit terms. Creditors, however, also increased by 71% to £470,000. The company’s net assets increased by 12% to £1,600,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in creditors warrants further scrutiny. As a small company, Rid Ltd is exempt from an audit, and the financial statements are unaudited.

Registered in England/Wales under the registration number 03838938, with a registered address at LU3 3AN, Luton, Bedfordshire, Unit 26 Camford Way, Sundon Park Industrial Estate.

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