Euro Rubber Lines Limited

Euro Rubber Lines Ltd, based in Thornton, UK, is a small, active company founded fifteen years ago. With sixteen employees and £2,244,326 in assets, it’s a solo-founded operation run by a single director and owner. The company regularly imports and exports machinery, boilers, and mechanical appliances—parts, with 25 months of import activity and 45 months of export activity recorded. Its website, eurorubberlinesaol.com, showcases a business specializing in used rubber processing equipment, offering refurbishment, sales, and even a removal and installation service. It's a significant stockist, boasting featured equipment like Meccaniche Moderne autoclaves and Barwell preformers.

The company's website highlights a focus on used machinery, offering a cost-effective alternative to new equipment. It even provides skilled labor and specialist transportation for machinery relocation—a comprehensive service catering to the rubber processing industry. News updates on the website detail ongoing workshop overhauls and equipment upgrades, demonstrating a commitment to maintaining quality.

Financially, Euro Rubber Lines Ltd shows some interesting trends. Cash bank on hand decreased by 5%, settling at £1,300,000, while creditors decreased by 27%, settling at £880,000. Trade debtors increased by 22%, reaching £870,000, and net assets increased by 20%, settling at £1,700,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The increase in trade debtors could suggest a shift in payment terms with customers, or perhaps a build-up of outstanding invoices. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Euro Rubber Lines Ltd appears to be a stable business, capitalizing on the demand for used rubber processing equipment. The company’s focus on service and expertise, combined with a lean operational structure, positions it well within its niche market—although the rising trade debtors are something to keep an eye on.

Registered in England/Wales under the registration number 07109150, with a registered address at FY5 4QD, England, Thornton, Lancashire, Welvic Site, Hillhouse Business Park.

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