Reach And Rescue Limited

Reach And Rescue Limited is a small, active holding company based in Huddersfield, UK, founded fifteen years ago in 2010. With six employees and £647,607 in assets, it operates from a real address shared by only two other companies, suggesting a relatively low-profile operation. The company has two directors and one owner, and its status is active. It's a holding company, meaning it likely owns other businesses.

The company's primary focus is the design and sale of telescopic water rescue poles and related equipment, as evidenced by its website. Reach And Rescue specializes in long-reach rescue poles, catering to emergency services, search and rescue teams, and the public. Its products are used worldwide to safely retrieve casualties from a distance, preventing harm to rescuers and increasing survival rates. The company’s website highlights its commitment to innovation and quality, with a focus on UK manufacture and unparalleled expertise. It even boasts of preventing over 50 deaths through its products.

Financially, Reach And Rescue Limited’s recent performance reveals a mixed picture. Current assets increased by a significant 36%, reaching £650,000, while net assets grew by 43%, reaching £540,000. However, cash reserves plummeted 81%, dropping to just £2,700. Bank borrowings decreased slightly, and trade debtors saw a dramatic 50% reduction, which could indicate improved cash flow management or a slowdown in sales. The company's size qualifies it as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

The significant drop in cash reserves, despite increased assets, is a point of concern. While the company’s revenue may be growing, it seems to be burning through cash faster than it's coming in. This could be due to increased inventory levels (total inventories increased by 54%), investment in new equipment (property plant equipment decreased by 22%), or increased operating expenses. It's possible the company is reinvesting in its business to fuel future growth, but it's also a risk that it could face liquidity issues if sales don't keep pace.

Registered in England/Wales under the registration number 07223197, with a registered address at HD3 4LT, England, Huddersfield, West Yorkshire, Unit 5 Herbert Brown House 50-52 Whiteley Street, Milnsbridge.

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