Rocket Retail Ltd

Rocket Retail Ltd, based in Bridgwater, UK, is a small, active company established twelve years ago. With two employees and £55,890 in assets, it operates from a real address and is overseen by one director and one owner. The company specializes in retail sales via mail order and internet, and owns Bolder Soft Ltd. Previously known as Total Bathroom Enterprises Ltd, it’s a modest operation navigating the competitive online marketplace.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence and product offerings. However, the retail focus suggests a likely e-commerce model, potentially selling goods directly to consumers through its own website or third-party platforms. Without a website to analyze, it’s impossible to determine the sophistication of its online strategy or the breadth of its product range.

Financially, Rocket Retail Ltd presents a mixed picture. Current assets have seen a significant boost, rising 280% to £56,000, while cash reserves have experienced a remarkable 590% increase to £34,000. However, net losses have deepened, falling 150% to -£23,000. Bank borrowings have decreased by 29%, indicating a reduction in debt. Creditors have also decreased by 45%, suggesting improved management of short-term liabilities. The company’s small size, meeting two of three criteria for a small company, allows for flexibility, but the equity decline warrants attention. The unaudited financial statements, lacking an auditor, rely on director-reported data.

Overall, Rocket Retail Ltd appears to be managing its immediate cash flow effectively, with a substantial increase in cash reserves. However, the continued losses suggest that the company may be burning through money, and the lack of a website makes it difficult to assess its long-term viability.

Registered in England/Wales under the registration number 08260845, with a registered address at TA6 3YF, England, Bridgwater, 4 King Square.

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