Rase Outdoor Living Ltd

Rase Outdoor Living Ltd from Grimsby UK: small company, holding company, active status, founded 7 years ago, 5 employees, £139,508 assets, real address, 2 directors, 1 owner, google rating 5.0 based on 2 reviews. Irregular importer of aluminum and aluminum products (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other construction installation industries.

Rase Outdoor Living Ltd specializes in creating high-end outdoor living spaces, primarily through the design and installation of pergolas, glass rooms, and outdoor kitchens. Their website showcases a range of customizable options, from rotatable louvred roofs to integrated heating and lighting—all designed to transform gardens into stylish extensions of the home. They also offer commercial solutions, targeting businesses looking to enhance their outdoor areas. The company’s website has a virtual showroom tour, allowing potential customers to explore their products from anywhere.

Financially, Rase Outdoor Living Ltd’s recent performance presents a mixed picture. Current assets have fallen by 6.1% to £140,000, while net assets have plummeted 33% to £160,000. Bank borrowings have also decreased by 46% to £12,000. However, trade debtors have increased significantly, by 50%, reaching £110,000, which could indicate a reliance on customer payments. Cash reserves have also fallen by 60% to £31,000. The decrease in average employees from 5 to 2 could be a result of restructuring or seasonal fluctuations. The company is exempt from an audit, so the figures are unaudited.

It’s clear that Rase Outdoor Living Ltd is navigating a period of change. The company’s focus on high-end, customizable products suggests a premium market, but the financial data indicates some challenges in managing cash flow and potentially collecting payments. It’s possible that the company is investing in growth, but the decrease in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 11351352, with a registered address at DN31 3ET, England, Grimsby, Hanover House, 117-119 Cleethorpe Road.

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