The Redshank Group Ltd

The Redshank Group Ltd, based in Southsea, UK, is a holding company with an active status, having been founded ten years ago in 2015. Employing thirteen people and holding assets of £337,878, the company operates from a real address and is led by one director and a solo founder, Carlton-king Trevor Mark. It boasts a stellar 5.0 Google rating based on two reviews. The Redshank Group regularly imports machinery, boilers, and mechanical appliances, parts (with three months of recent import activity), and exports electrical machinery and equipment (with seven months of recent export activity).

The company's website reveals a diverse range of services, positioning itself as a “Your Source For Audio Visual Products, Office Equipment, Computer Systems, Printers and Copiers, Plotters and Supplies, Cartridges and Paper, Fully Managed IT Support, Furniture, PPE, Stationery Office Supplies, and New Refurbished IT Products.” It appears to operate through several divisions, including Redshank IT Services, Redshank Office Supplies, and Redshank Large Format Supplies, catering to both businesses and individuals. The website also highlights a focus on refurbished technology, emphasizing cost savings and sustainability.

Financially, The Redshank Group Ltd’s recent performance shows some interesting trends. Current assets decreased by 59%, falling to £340,000, while net assets increased by 4.1%, reaching £210,000. Bank borrowings have decreased by 83%, and cash reserves have increased by 560%, now at £47,000. Trade debtors have also decreased by 33%, suggesting better collection practices. While the company’s net losses have decreased, it’s clear that the business is working to manage its finances effectively. The lack of an auditor mentioned—likely due to its small size—means the financial data is unaudited. It's worth noting that the company’s turnover has decreased, which may be a reason for the decrease in debtors. The company’s growth in cash reserves is a positive sign, but it remains to be seen whether this trend will continue.

Registered in England/Wales under the registration number 09423540, with a registered address at PO5 3QJ, England, Southsea, Hants, 3 Palmerston Mansions, Palmerston Road.

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