Raisco Limited

Raisco Ltd from Newton Aycliffe UK: a small holding company with an active status, was founded 18 years ago and employs 30 people. The company holds assets worth £1,885,529 and operates from a real address, managed by five directors and one owner, boasting a perfect 5.0 Google rating from a single review. It's a regular importer of machinery, boilers, and mechanical appliances, with recent imports recorded as of February 2025.

The company's website highlights Raisco Limited as a leader in structural steelwork, offering design, fabrication, and installation services. It prides itself on being a design and build specialist, with a foundation built on over 25 years of experience in the construction industry. Based on Aycliffe Business Park, Raisco works with clients across the country, delivering a wide range of steelwork projects. Recent projects showcased on the website include film studios, commercial units, workshop buildings, and factory extensions, demonstrating a diverse portfolio. The company's website also includes useful links, contact details, and a social media presence.

Financially, Raisco Ltd shows some concerning trends. While fixed assets increased significantly by 41%, current assets plummeted by 46% to £1.9 million. Bank borrowings decreased slightly, and cash reserves fell by 16% to £1.2 million. A notable trend is the decrease in trade debtors by 67%, suggesting improved collection of payments. However, creditors increased by 33%, which could indicate increased reliance on short-term financing. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s not required to have an audit, so the figures are unaudited. The decrease in average employees reported, from 30 to 28, could be due to restructuring or natural attrition.

Registered in England/Wales under the registration number 06220184, with a registered address at DL5 6BL, Newton Aycliffe, Co Durham, Langton Business Park, Durham Way South.

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