Roberts Direct Ltd

Roberts Direct Ltd, based in Port Talbot, UK, is a small, active company founded twelve years ago. With eleven employees and £1,290,658 in assets, it operates from a real address at the Baglan Energy Park. The company is led by two directors and owned by Roberts Brian Harry. Roberts Direct Ltd is a regular importer of iron or steel products, with seventeen months of import activity recorded, and an irregular exporter of textile padding, felt, nonwoven fabrics, yarns, ropes, and cables, with just one month of export activity.

The company's website, while not fully detailed, suggests a focus on non-specialised wholesale trade. It's unclear if they operate an e-commerce site, but the business seems to be a B2B operation, supplying industrial goods.

Financially, Roberts Direct Ltd presents a mixed picture. While current assets remain stable at £1,300,000, net assets have significantly decreased by 94%, dropping to just £2,100. Bank borrowings have also seen a substantial increase, jumping 110% to £520,000 within a year, while cash reserves have fallen 11% to £170. Creditors have also increased by 16% within a year. Trade debtors have fallen by a significant 58%, which could indicate improved collection practices or a reduction in sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises questions about its financial health. The company is exempt from an audit as a small company, so the figures are unaudited.

Despite the challenges, the company’s continued import activity suggests a stable supply chain. The irregular export activity, though limited, indicates an attempt to diversify its revenue streams. Whether this is enough to offset the financial pressures remains to be seen.

Registered in England/Wales under the registration number 08315859, with a registered address at SA12 7AX, Wales, Port Talbot, Unit 21 Baglan Energy Park, Central Avenue.

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