Russ Andrews Accessories Ltd.

Russ Andrews Accessories Ltd, based in Kendal, UK, is a small, family-run business with an active status, celebrating 39 years in operation. Employing 15 people, the company holds £516,471 in assets and boasts a solid 4.0 Google rating from 24 reviews. It’s a real address with three directors and two owners, and operates an e-commerce site specializing in audio equipment. The company regularly imports and exports electrical machinery and equipment, with 125 months of import activity and 13 months of export activity recorded.

The company's website, inforussandrews.com, showcases a wide range of products including mains cables, power supplies, speaker cables, and hi-fi racks. It caters to audiophiles and professionals, offering brands like Kimber Kable, Torlyte, and Russ Andrews Power Products. The site emphasizes a 60-day money-back guarantee, a 25-year warranty on many products, and a unique cable upgrade scheme—all hallmarks of a customer-focused business. The website also features a knowledge base with articles, advice, and FAQs, demonstrating a commitment to educating its customers.

Financially, Russ Andrews Accessories Ltd is showing some concerning trends. While current assets remain at £520,000, net assets have fallen by 14% to £470,000. Cash bank on hand has dropped significantly by 52% to £99,000, and bank borrowings have increased. Trade debtors have also decreased, suggesting a tighter credit policy. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity and cash reserves warrants attention. There’s no auditor mentioned, as the company is exempt as a small company.

Overall, Russ Andrews Accessories Ltd appears to be a well-established business with a loyal customer base, but the recent financial figures suggest it's facing some challenges. Whether these are temporary setbacks or longer-term issues remains to be seen, but the company’s commitment to customer service and quality products should help it navigate these pressures.

Registered in England/Wales under the registration number 01968621, with a registered address at LA9 6NS, Kendal, Cumbria, 2b Moreland Court, Westmorland Business Park.

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