Ravago Manufacturing Uk Limited

Ravago Manufacturing Uk Limited, based in Bolton, UK, is a sizable company with a holding structure and active status. Established 21 years ago in June 2003, it employs 21 people and manages assets totaling £5,317,626, generating a yearly revenue of £21,148,380. The company’s registered address is a virtual one, with fourteen other companies registered at the same location. It’s led by three directors and has four owners, who changed the ownership list three months ago. Google users rate it 4.0 out of 5 based on one review. Ravago regularly imports and exports plastics and plastic products, with 13 months of import activity and 52 months of export activity.

The company’s website highlights its commitment to being “at the heart of your life,” providing materials and services across three markets: polymers, chemicals, and building materials. Ravago operates through three core activities: distribution, resale, and manufacturing, with a focus on recycling. The site emphasizes its family-owned nature and global reach, recognizing each partner in the value chain. It’s clear the company is trying to project a sustainable and customer-centric image.

Financially, Ravago Manufacturing Uk Limited shows a mixed picture. While turnover increased by a substantial 73%, to £21,148,380, net assets took a significant hit, decreasing by 65% to £6,300,000. Bank borrowings rose dramatically, increasing by 2,400%, reaching £29,000, while cash reserves fell 30% to £28,000. Creditors, however, decreased by 18%, suggesting improvements in debt management. The company meets two of three criteria to be considered a large company, and no auditor is mentioned, indicating the financial statements are unaudited.

The sharp decline in equity, despite strong revenue growth, is a notable trend. It’s possible this reflects increased investment in operations or a change in accounting practices. The company's focus on recycling and sustainability, combined with its global reach, positions it well for future growth—but managing its financial health will be crucial.

Registered in England/Wales under the registration number 04789043, with a registered address at BL1 4BY, Bolton, Lancs, Hazlemere, 70 Chorley New Road.

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