Richard Smythe Limited

Richard Smythe Ltd, based in Sevenoaks, UK, is a small, family-run business with an active status, having been founded 21 years ago. Employing 15 people, the company holds £275,443 in assets and operates from a virtual address, registered at a business centre shared by 26 other companies. It’s managed by three directors and owned by two individuals. Richard Smythe Ltd is an irregular importer, primarily dealing in stone, plaster, cement, and similar materials, with the last import operation recorded two months ago.

The company’s website showcases a business specializing in finely crafted stone products, offering services ranging from bathroom and kitchen design to commercial projects and fireplace restoration. It emphasizes traditional craftsmanship combined with modern technology, highlighting the experience of Richard and his team, who have over fifty years in the industry. The website features a workshop at Pendell Farm in Surrey, and a gallery of completed projects, including bespoke stone fireplaces and staircases. It’s clear the company is focused on high-end, custom work, and caters to both residential and commercial clients.

Financially, Richard Smythe Ltd presents a mixed picture. While net assets increased by 43% to £420,000, current assets decreased by 26% to £280,000. Bank borrowings were dramatically reduced, falling 96% to just £1300. Creditors also decreased, falling 21%, which could indicate better management of short-term debts. However, the number of employees decreased slightly, dropping from 15 to 14. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the decline in current assets warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

It seems Richard Smythe Ltd is navigating a period of change, potentially adjusting its operations or facing increased competition. While the website suggests a focus on high-value, bespoke projects, the financial data hints at some challenges in maintaining short-term liquidity.

The company operates in Processing & manufacturing → Other manufacturing n.e.c. → Safety equipment, umbrellas, pens & pencils, lighters, baskets etc.

Registered in England/Wales under the registration number 05121737, with a registered address at TN13 3UE, England, Sevenoaks, Atc Partnership Ltd 1 Oak Court, 67 - 72 Bethel Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.