D.a. Rudd Limited

D.A. Rudd Limited, based in Colchester, UK, is a small, active company established 23 years ago in 2001. With six employees and £1,874,750 in assets, it operates from a real address at Angora Business Park. The company is run by two directors, although no owners are officially listed – likely one of the directors holds the shares. It’s an irregular importer, primarily dealing in art and antiques, with its last import operation occurring over two years ago in October 2022. The company is involved in painting industries.

The company’s website is non-existent, which is not surprising given its size. This suggests a focus on business-to-business relationships rather than direct consumer sales.

Financially, D.A. Rudd Limited shows a mixed picture. While cash bank on hand decreased by 3.7% to £610,000, current assets remained stable at £1,900,000. However, net assets declined by 5.2% to £2,000,000, and trade debtors decreased by a significant 8.9% to £930,000. Creditors increased by 29% to £160,000, which could indicate increased reliance on credit from suppliers. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no mention of an auditor, which is common for small, exempt companies.

The company's bank borrowings remained unchanged at £50,000, and the net current assets liabilities decreased by 4.7% to £1,700,000. The company’s depreciation charges for motor vehicles decreased by 25%, which could be a positive sign of reduced capital expenditure. It's worth noting that the company's raw materials increased by 26% to £320,000, which could be a sign of increased activity or potential supply chain issues.

Registered in England/Wales under the registration number 04262741, with a registered address at CO3 0AB, Colchester, Essex, 7 Angora Business Park, Peartree Road, Stanway.

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