Rsj Motors Ltd

Rsj Motors Ltd is a small, active company based in Willenhall, UK, established thirteen years ago in 2011. With just three employees and £19,434 in assets, it’s a compact operation run by two directors and a single owner, Peate Steven John. The company operates an e-commerce site and primarily engages in irregular exporting of vehicles, parts, and accessories – a recent shipment occurred one month ago in November 2021. It’s a retail business, selling via mail order and the internet.

The company's website, while not providing detailed information, suggests a focus on automotive parts and accessories. It’s unclear if the e-commerce site is a primary revenue stream or a supplementary channel.

Financially, Rsj Motors Ltd’s recent performance shows some concerning trends. Cash bank on hand has fallen by 52%, dropping to £13,000, and current assets have decreased by 42% to £19,000. Trade debtors have increased significantly by 150%, reaching £1,500, which could indicate delayed payments from customers. However, creditors have also increased by 80%, reaching £2,300, which could be due to increased supplier costs. Equity has taken a hit, with retained earnings and accumulated losses declining by 29% to -£8,800. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, relying on unaudited statements.

While the company’s small size allows for agility, the declining equity and reduced cash reserves are points to watch. It’s possible that the irregular export activity is impacting cash flow, or perhaps increased operating costs are squeezing margins.

Registered in England/Wales under the registration number 07607393, with a registered address at WV13 3QD, England, Willenhall, 16 Marshall Road.

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