Right Connections (uk) Limited

Right Connections (UK) Limited, based in Telford, UK, is a small holding company with an active status, having been established 21 years ago in 2003. The company employs eleven people and holds assets valued at £4,356,106. It operates from a real address at Queensway Business Park and is managed by three directors and three owners. Google users rate it a perfect 5.0 based on ten reviews, and it regularly imports electrical machinery and equipment, with its last import activity recorded four months ago.

The company's primary focus is providing professional towbar fitting services, as evidenced by its website. It offers a range of wiring kits, sockets, and adapters, catering to various vehicle makes and models. The website also features a unique multipurpose trailer electrics tester, approved for MOT testing, and even offers coding services. It’s clearly an e-commerce operation, with a focus on selling and installing towbars and related equipment—though it doesn’s a huge online store.

Financially, Right Connections (UK) Limited presents a mixed picture. While cash bank on hand increased by 16% to £2.3 million, finished goods decreased by 14% to £1 million. Creditors rose by 5% to £280,000, and trade debtors remained stable at £1.4 million. 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 by 2,400% to £29,000 is a concern. No auditor is mentioned, which is common for small companies. The decrease in net assets by 3.1% to £4.1 million, while not drastic, warrants further monitoring. It seems the company is doing well in terms of sales, but it’s burning through cash a little too quickly.

Registered in England/Wales under the registration number 04954087, with a registered address at TF1 7UL, Telford, Shropshire, Unit 503 Queensway Business Park, Queensway Hadley Park.

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