R.j.draper & Companylimited

R.J. Draper & Company Limited, based in Glastonbury, UK, is a small, active company with a rich history spanning 83 years. Founded in 1941, this family-owned business employs ten people and holds £786,513 in assets. Boasting a stellar 5.0 Google rating from 66 reviews, it operates from a real address and is overseen by three directors and a single owner. The company regularly imports and exports footwear and related items, with 80 months of import activity and 116 months of export activity recorded.

The business specializes in sheepskin footwear and accessories, operating a factory in Glastonbury, a region traditionally known for sheepskin craftsmanship. Its website showcases a wide range of products, from slippers and boots to gloves and rugs, catering to both men and women. The company also has a presence in the high-end piano restoration market, operating a separate division that restores and repairs pianos for museums and private collectors.

Financially, R.J. Draper & Company Limited presents a mixed picture. Cash bank on hand increased significantly by 51% to £240,000, a positive sign of liquidity. However, net assets increased by a modest 5.8% to £1,300,000. Bank borrowings decreased by 48% to £24,000, indicating better debt management. Trade debtors increased by 310%, suggesting a possible reliance on customer payments. Creditors decreased by 36%, which is a good sign. 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 agility, but the fluctuating debtor and creditor balances warrant close monitoring. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, R.J. Draper & Company Limited appears to be a stable, long-standing business with a strong reputation, but it’s important to keep an eye on its financial trends to ensure continued success.

Registered in England/Wales under the registration number 00369371, with a registered address at BA6 8DB, England, Glastonbury, Rj Draper & Co Ltd, Chilkwell Street.

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