Rm Arshad And Sons Ltd

Rm Arshad And Sons Ltd from Manchester UK: a small, active company founded five years ago, employs twenty people, and holds £454,353 in assets. It’s a solo-founded operation with one director and owner, Royston Andrew Michael, at the helm, and boasts a real address. The company operates in both retail sales via mail order and internet, and freight transport by road industries.

The company’s website, while not fully developed, suggests a focus on logistics and distribution. It’s unclear if the retail and transport arms are closely linked, but both emphasize a UK-based operation. The business is registered at M8 9EP, United Kingdom, Manchester, First Floor, 1a Copthall Lane, and the address is probably real as only one company registered at the same address.

Financially, Rm Arshad And Sons Ltd shows some interesting trends. Bank borrowings increased significantly by 92%, reaching £2.6 million, and creditors also rose by 92% to £2.6 million, indicating a reliance on external funding. Cash bank on hand, however, grew by 77% to £190,000, suggesting improved cash flow management. The company’s net assets liabilities grew by 25% to £3.2 million. Although the company is small, meeting two of three conditions for a small company (turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees), it’s still managing a substantial level of debt. The company’s average number of employees during the period increased by 25% to twenty-five. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

It seems the company is expanding its operations, potentially driving up borrowing costs. Whether it can sustain this growth while managing its debt remains to be seen, but the increase in cash reserves is a positive sign.

Registered in England/Wales under the registration number 12328117, with a registered address at M8 9EP, United Kingdom, Manchester, First Floor, 1a Copthall Lane.

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