Rs Dry Cleaning Limited

Rs Dry Cleaning Limited, based in Ilford, UK, is a small, active company founded seven years ago. Employing 35 people and holding £440,173 in assets, it operates from a virtual address—a detail flagged by the fact that 24 companies share the same registration location. The business, overseen by two directors and one owner, boasts a stellar 5.0 Google rating from 30 reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the latest shipment arriving in March 2024. The company specializes in washing and dry-cleaning textile and fur products.

The company’s website, while not providing detailed e-commerce functionality, reinforces its core business. It highlights services like expert stain removal, alterations, and eco-friendly cleaning options—a modern touch appealing to environmentally conscious customers. The site also mentions a commitment to quality and customer satisfaction, key differentiators in a competitive market.

Financially, Rs Dry Cleaning Limited presents a mixed picture. Cash reserves have significantly increased by 360%, reaching £390,000, a very positive sign. However, creditors have also risen by 41%, reaching £590,000, which could indicate increased reliance on credit. Net assets have dramatically increased by 1400%, reaching £60,000, which is a very positive trend. Trade debtors have decreased by 56%, suggesting improved collection of payments. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in creditors warrants closer monitoring. The company is exempt from an audit, so the figures are unaudited.

Overall, Rs Dry Cleaning Limited appears to be financially healthy, with strong cash flow and increased equity. The company’s focus on quality and customer service, combined with its efficient operations, positions it well for continued success, though careful management of its credit is important.

Registered in England/Wales under the registration number 10968145, with a registered address at IG3 9RH, England, Ilford, Unit 1, 527 Green Lane.

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