Raybould Machine Tools Limited

Raybould Machine Tools Ltd from Warley UK: a small, family-owned business, is active and celebrating 51 years since its founding in 1974. With just four employees and £483,586 in assets, it’s a modest operation with a real address and two directors and owners. The company regularly imports machinery, boilers, and mechanical appliances, including parts, with its last import activity recorded seven months ago. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft industries.

The company’s website showcases a diverse range of used manufacturing equipment, from mechanical power presses to coil handling equipment. It specializes in sourcing, purchasing, and disposing of used machinery, offering solutions for all types of industrial equipment. New equipment is also offered from brands like Boxin, Pressix, and Hursan, catering to a wide range of tonnage capacities. The website also highlights services like machine spares, repairs, and asset disposal solutions, even working with larger companies like Sharp Precision Manufacturing and Jaguar Land Rover.

Financially, Raybould Machine Tools Ltd exhibits some concerning trends. While cash reserves have dramatically increased to £130,000, a 7,700% increase, net assets have decreased by 130% to £7,100. Bank borrowings have also fallen, which is a good sign, but trade debtors have increased by a staggering 1,200%. Creditors have also risen significantly, and 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 is exempt from an audit, relying on unaudited financial statements. The company’s assets are depreciating, with computer equipment, motor vehicles, and plant machinery all showing increased depreciation.

Registered in England/Wales under the registration number 01168392, with a registered address at B64 7RP, United Kingdom, Warley, West Midlands, Macarthur Road, Cradley Heath.

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