Raaco Great Britain Limited

Raaco Great Britain Ltd, based in London, UK, is a small, active company established 64 years ago, in 1960. With four employees and £457,805 in assets, it generates a yearly revenue of £1,973,101. The company operates from a virtual address – registered at 27 Greville Street, which is shared by 74 other companies – and is managed by two directors and one owner, Damberg Peter-thomas. It holds a Google rating of 3.0 based on just two reviews. Raaco Great Britain Ltd is a regular importer of iron or steel products, with 40 months of import activity recorded, the latest in March 2025.

The company’s website showcases a wide range of storage solutions, including boxes, inserts, toolboxes, transport cases, shelving systems, and bins. It also offers van equipment, design awards, and cataloges. The website highlights the company’s commitment to efficiency through order, quality, and global goals. The company operates in the other service activities n.e.c. industries.

Financially, Raaco Great Britain Ltd presents a mixed picture. While turnover increased by a modest 3.7% to £2 million, several key metrics have declined. Current assets decreased by 15% to £460,000, and net assets fell by 110% to £230,000. Cash bank on hand, however, increased by 22% to £160,000. Bank borrowings increased by 910% to £5,200, and administrative expenses decreased by 2.5% to £540,000. The company’s small size – meeting two of three criteria for a small company – helps it maintain agility, but the decline in net assets warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from mandatory audits.

Overall, Raaco Great Britain Ltd appears to be holding its own, but the financial data suggests it’s facing some pressures. The company’s long history and established product range, however, provide a solid foundation for future growth.

Registered in England/Wales under the registration number 00674244, with a registered address at EC1N 8SU, England, London, 27 Greville Street.

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