Ridgeway Exotics Limited

Ridgeway Exotics Ltd, based in Lee-On-The-Solent, UK, is a small, active company founded nine years ago. It employs eight people and holds £711,665 in assets, boasting a stellar 5.0 Google rating from 379 reviews. The business, with one director and one owner, regularly imports various natural fibers, paper yarn, and fabrics made from paper yarn—a trend observed over the last five months.

The company operates a specialist exotic reptile shop, offering a wide variety of hard-to-find reptiles, food, and enclosures. It caters to customers nationwide, even offering a courier service for reptile deliveries. The website highlights a commitment to animal welfare and expert advice, with a focus on long-term reptile care. It also operates an online store specializing in frozen rodents, a popular product among reptile owners.

Financially, Ridgeway Exotics Ltd shows a mixed picture. Cash reserves increased by a significant 34%, reaching £360,000, which is good news. However, net assets increased by 28%, reaching £610,000, but liabilities also increased. Bank borrowings decreased by 52%, a positive sign of reduced debt. Creditors decreased by 48%, which is also good, but other creditors increased by 110%. The company meets the criteria for a small business, with turnover under £10.2m and assets under £5.1m. With no auditor mentioned, the accounts are unaudited.

The company’s growth in cash reserves suggests a healthy business, but the increase in liabilities indicates a need for careful management. It seems like they are doing well, but it’s important to keep an eye on those debts.

Registered in England/Wales under the registration number 09633425, with a registered address at PO13 9BU, England, Lee-On-The-Solent, 55-57 High Street.

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