Risondier Ltd

Risondier Ltd is a small, active company based in London, UK, founded five years ago in December 2019. With just two employees and £23,906 in assets, it operates under the guidance of one director and owner. The company’s registered address is real, with only one other company registered at the same location.

The business engages in a diverse range of activities, including the reproduction of sound recordings, wholesale of clothing and footwear, retail sale via mail order houses or via internet, and sound recording and music publishing. It’s a small company, meeting two of the three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

A look at the company's financials reveals some interesting trends. Cash bank on hand has fallen dramatically, dropping 100% to just £3. However, corporation tax recoverable has increased significantly, jumping to £12,000. Creditors have decreased by 43%, suggesting better debt management, but net assets have also declined, and net current assets have increased by 290%. Trade debtors have risen by 93%, which could be a positive sign of increased sales, but also a potential risk if those debts aren't collected promptly.

While the company’s equity has decreased, it’s important to note that the figures are unaudited, and the company is exempt from an audit due to its small size. The lack of an auditor means the numbers rely on director-reported data. The increase in corporation tax recoverable could be a temporary boost, but the decline in cash reserves is something to keep an eye on. Overall, Risondier Ltd appears to be navigating a period of change, with some positive signs alongside potential challenges.

Registered in England/Wales under the registration number 12358595, with a registered address at E2 0JD, England, London, 249a Globe Road.

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