The Rizues Limited

The Rizues Ltd from Shipley UK: a small holding company with an active status, was founded 23 years ago in 2001. Employing 11 people, the company holds assets totaling £1,406,933 and operates from a real address. With one director and one owner, it runs an e-commerce site and boasts a Google rating of 4.0 based on 18 reviews. The company regularly imports clothing and accessories, not knitted or crocheched, with 93 months of import activity recorded.

The company’s website, Rizues Medical Healthcare Uniforms, focuses on providing tunics, scrubs, lab coats, and other workwear for medical professionals. It caters to a wide range of sectors, including nursing, pharmacy, dentistry, and security, offering both standard and custom uniform solutions. The site also features a school uniform portal and a blog with articles on workwear trends and safety tips. It's a well-established supplier, even offering contract management and design development services.

Financially, The Rizues Ltd shows a mixed picture. Current assets have decreased by 7.4% to £1,400,000, while net assets have increased by 6.5% to £1,300,000. Cash bank on hand has fallen by 14% to £360,000. Trade debtors have decreased by 28%, suggesting improved collection efforts. However, bank borrowings have increased, and creditors have also risen, indicating a need to manage debt effectively. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, The Rizues Ltd appears to be a stable, albeit smaller, business navigating the challenges of a competitive market. The company’s focus on a niche market—medical workwear—and its commitment to customer service may help it sustain its position, but keeping a close eye on debt management will be key to long-term success.

Registered in England/Wales under the registration number 04306095, with a registered address at BD18 3ST, Shipley, West Yorkshire, Quayside, Salts Mill Road.

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