R J Laundry Limited

R J Laundry Limited, based in Dagenham, UK, is a small holding company with an active status. Founded four years ago in October 2020, the company employs 101 people and holds £4,338,351 in assets. It has a real address and is managed by one director and one owner. A Google rating of 4.0 based on 40 reviews highlights customer satisfaction, and the company regularly imports electrical machinery and equipment—18 months of import activity recorded, the latest in October 2024.

The company operates in the washing and (dry-)cleaning of textile and fur products industries, providing laundry and linen services to hotels. Founded in 1915, Royal Jersey Laundry service boasts of providing laundry and linen services to more leading hotels than any other laundry in the UK. The website showcases a range of services, including hotel bedroom linen, towels, and dry cleaning, with a focus on quality and environmental responsibility. It’s clear the company is proud of its heritage and long-standing reputation.

Financially, R J Laundry Limited presents a mixed picture. Accumulated depreciation impairment property plant equipment has increased significantly by 600%, reaching £2,800,000. Cash bank on hand has also seen a substantial rise, up 220% to £1,300,000. However, creditors have increased by 46% to £4,300,000, and net assets have risen by 310% to £520,000. Average number of employees during the period has increased by 26% to 130. It’s worth noting that the company has elected not to include a copy of the profit and loss account within the financial statements. The audit was conducted by Thomas Quinn, and the accounts were authorised on September 26, 2024.

While the company's financial health appears generally positive, the increase in creditors warrants closer attention. The growth in employees suggests expanding operations, but it’s important to monitor profitability to ensure sustainable growth. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the increase in liabilities needs to be managed carefully.

Registered in England/Wales under the registration number 12937945, with a registered address at RM8 1QH, England, Dagenham, Essex, Westcott House Selinas Lane, Chadwell Heath.

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