Rks Electronics Limited

Rks Electronics Ltd, based in Middlesex, UK, is a small, family-run business with an active status, having been founded seventeen years ago. With four employees and £43,170 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports and exports electrical machinery and equipment, with three months of import activity and nineteen months of export activity recorded.

The company’s website showcases a wholesale business specializing in mobile devices, particularly Apple, Samsung, Sony, Nokia, Huawei, LG, and tablets. It positions itself as a leading wholesaler in the UK, offering competitive rates and emphasizing reliability. The site highlights a wide range of products, including iPhones, iPads, and tablets, catering to businesses seeking wholesale supplies. It also features testimonials from satisfied customers, praising Rks Electronics Ltd’s service and support.

Financially, Rks Electronics Ltd presents a concerning picture. Current assets have fallen by a significant 62% to £43,000, while net assets have plummeted 400% to -£12,000. Cash bank on hand has also dropped dramatically by 46%, reaching only £38,000. Creditors have decreased by 50%, which is a positive sign, but the substantial decline in equity and the reduction in cash reserves suggest the company is burning through money. Debtors have also fallen by a massive 98%, which could be due to a change in business practices. The company is small, meeting two of three conditions for classification, and is likely exempt from an audit, relying on unaudited accounts. It's worth noting that the company's current income tax policy is to recognise the aggregate amount of current and deferred tax.

In conclusion, while Rks Electronics Ltd appears to be a reliable supplier of electronics, its financial health is a cause for concern. The company’s reliance on imports and exports, coupled with its declining financial metrics, suggests it may be facing challenges in maintaining profitability.

Registered in England/Wales under the registration number 06336155, with a registered address at HA2 7EL, Middlesex, 37 The Drive, Harrow.

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