Rng Ceramics Ltd

Rng Ceramics Ltd from Bradford UK: a small, family-run business, is active and celebrates its tenth anniversary this year. With five employees and £203,471 in assets, it operates from a real address and is overseen by three directors and two owners. Boasting a perfect 5.0 Google rating from ten reviews, Rng Ceramics is a regular importer of ceramic products, with nine months of import activity recorded.

The company, established in 2015, specializes in supplying tiles for kitchens, bathrooms, and outdoor spaces. Its website showcases a wide range of porcelain, ceramic, and mosaic tiles, catering to homeowners, builders, architects, and property developers. Rng Ceramics prides itself on its relationships with Italian and Spanish factories, offering a diverse selection to suit all budgets. The site also highlights its expertise in feature tiles, including stone effect split face and high gloss hexagons. Testimonials from satisfied customers praise the company’s service and product quality.

Financially, Rng Ceramics Ltd presents a mixed picture. Current assets have decreased by 11% to £200,000, while net assets have fallen significantly by 88% to just £5,000. Bank borrowings have remained consistent, and cash reserves have dropped by 8.5% to £71,000. Creditors have also decreased slightly. The company meets two of the three conditions to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—allowing it to benefit from simplified reporting requirements. No auditor is mentioned, which is common for small, exempt companies.

The sharp decline in equity raises concerns, though it could be due to various factors, such as increased investment in inventory or expansion plans. The company's focus on customer service and its strong Google rating suggest a commitment to quality, but its long-term financial health will depend on its ability to maintain sales and manage its costs effectively.

Registered in England/Wales under the registration number 09312896, with a registered address at BD12 0NQ, England, Bradford, West Yorkshire, Unit 3 Aylesham Industrial Estate, Low Moor.

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