Rj Fixings Limited

RJ Fixings Ltd, based in Bathgate, UK, is a small, active company founded 22 years ago. With eight employees and £1,044,987 in assets, it operates from a real address and is overseen by six directors and one owner, boasting a stellar 5.0 Google rating from just three reviews. The company is an irregular importer of iron or steel products, with its last import operation occurring two months ago in July 2022.

RJ Fixings specializes in the wholesale of wood, construction materials, and sanitary equipment. Its website highlights a market-leading position in direct fixing systems, offering a wide range of products from gas nailing to chemical anchors and screws. The site also features a division, RJ Facades, which focuses on engineered facade systems and piano restoration, a surprising and potentially lucrative diversification.

Financially, the company's numbers present a mixed picture. Cash reserves have fallen by 35% to £180,000, and net assets have decreased by 14% to £440,000. However, current assets have increased by 17% to £1,000,000, and trade debtors have risen by 29% to £510,000, suggesting a potential increase in sales. Creditors have also increased by 36% to £660,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, RJ Fixings is exempt from an audit, so the figures are unaudited.

While the company’s financial health isn’t alarming, the decrease in cash and the increase in debt warrants attention. The diversification into facade systems and piano restoration could be a strategic move to broaden revenue streams, but it also introduces new complexities and potential risks.

Registered in Scotland under the registration number SC238189, with a registered address at EH48 2EP, Bathgate, West Lothian, 36c Inchmuir Road, Whitehill Industrial Estate.

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