Nuneaton Roof Truss Limited

Nuneaton Roof Truss Limited, based in Nuneaton, UK, is a large, active family business established 25 years ago. Employing 61 people, the company boasts £4.234 million in assets and generates £10.651 million in yearly revenue. With three directors and two owners, it operates from a real address and has a long history of manufacturing roof trusses and related timber products. The company also engages in irregular imports, primarily optical and medical tools and devices, with the latest activity recorded in October 2024.

The company's website, infonuneatonrooftruss.co.uk, showcases its expertise in designing, manufacturing, and supplying roof trusses, floor joists, and treated timber. It caters to both national house builders and local contractors, offering 3D drawings, technical support, and sustainability accreditations. The website also highlights the company’s blog, featuring articles on modern construction methods and engineered timber solutions. It’s clear that Nuneaton Roof Truss Limited is focused on providing comprehensive roofing products and services.

Financially, the company's performance shows some concerning trends. While turnover remains strong at £10.651 million, several key metrics have declined. Current assets dropped by 2.1% to £4.2 million, and net assets fell 27% to £2.5 million. Bank borrowings have decreased significantly, but cash reserves have increased by 34% to £1.4 million. The company’s directors’ remuneration has also fallen by nearly 50%, which could be a sign of cost-cutting measures. The company meets the criteria for a large company, having met two of three conditions: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Nuneaton Roof Truss Limited appears to be a well-established manufacturer facing some financial headwinds. The company’s focus on quality and customer service, along with its family-run structure, could help it navigate these challenges, but the declining net assets warrant close monitoring.

Registered in England/Wales under the registration number 03818006, with a registered address at CV10 0AG, Nuneaton, Warwickshire, Units 1 And 2 Weddington Terrace.

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