Rsa Deals Ltd

Rsa Deals Ltd from Manchester UK: a small, active company founded six years ago, employs two people, and holds £253,031 in assets. It's a solo founder operation with one director and owner, Singh Ravinder. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not providing detailed product information, suggests a focus on online retail. It’s not immediately clear what specific goods or services are offered, but the domain name implies a focus on deals and promotions. The lack of a fully developed website could indicate a smaller-scale operation or a focus on other sales channels.

Financially, Rsa Deals Ltd presents a mixed picture. While net assets increased by 9.4% to £21,000, cash reserves grew a healthy 17% to £110,000. However, bank borrowings decreased significantly by 45%, and creditors also fell by 45% to £9,800. A notable trend is the decrease in average employees during the period, dropping 50% to just one person—a concerning sign. Trade creditors have increased dramatically, rising 99% to £160,000, which might be a temporary increase due to supplier payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the drop in employees and the increase in trade creditors warrants closer attention. The accounts are described as "filleted" and unaudited, relying on director-reported data.

In short, Rsa Deals Ltd seems to be managing its finances reasonably well, with growing cash reserves, but the reduction in staffing and the surge in trade payables are points to watch. It’s a small operation navigating the challenges of online retail—and hopefully, it’s got a good grasp on its deals.

Registered in England/Wales under the registration number 11369823, with a registered address at M8 9SN, England, Manchester, First Floor, 58a Rugby Street.

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