Rivers Trading Limited

Rivers Trading Limited is a small, active company based in Leicestershire, UK, established 26 years ago. With thirteen employees and £1,399,345 in assets, it operates from a virtual address, a common sign for smaller businesses. The company is led by a single director and has two owners, though the list isn't exhaustive. Rivers Trading Limited is a regular importer, specializing in clothing and accessories – not knitted or crocheted – with 309 months of import activity recorded, the last in October 2023.

The company’s website showcases a diverse range of products and services, extending far beyond the clothing import business. It appears to operate a trading business in Rwanda, offering everything from hand tools and electrical equipment to construction materials, agricultural products, and even pharmaceutical items. A unique element is the emphasis on piano restoration and sales, with a dedicated section detailing services like museum-grade restoration, self-play system integration, and disaster recovery for damaged pianos. The Rwandan operation also highlights a focus on local initiatives, such as rain gear designed to protect against wet weather.

Financially, Rivers Trading Limited’s recent performance presents a mixed picture. While current assets increased by a significant 150% to £1,400,000, net losses deepened considerably, with net assets dropping 73% to just £580,000. Bank borrowings surged by 310%, reaching £41,000, and cash reserves vanished completely, dropping 100% to zero. Trade debtors ballooned by 470%, suggesting delayed customer payments or expanded credit terms. 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 dramatic changes in equity and cash flow warrant closer attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company’s diverse operations – from clothing imports to piano restoration and Rwandan trading – suggest a business exploring multiple revenue streams. Whether this diversification will prove successful remains to be seen, but for now, Rivers Trading Limited is navigating a complex landscape with a range of products and services.

Registered in England/Wales under the registration number 03760905, with a registered address at LE19 1WP, Meridian Business Park, Leicestershire, Charnwood House, Harcourt Way.

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