Reactive Engineering Ltd

Reactive Engineering Ltd, based in Hemel Hempstead, UK, is a small, active family business founded fifteen years ago. With ten employees and £1,924,630 in assets, it’s a modest operation led by one director and two owners. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with a history of 73 months of imports and 15 months of exports.

Reactive Engineering’s website reveals a focus on supplying specialised steels for offshore, power generation, and heavy engineering industries. It operates as Reactive Metals, offering a wide range of products like plate, sections, pipe, and forgings, alongside value-added services like cutting, rolling, and material testing. The company emphasizes its ability to provide a single source of supply and export capabilities.

Financially, Reactive Engineering Ltd shows a mixed picture. Current assets increased by 25%, reaching £1,900,000, while net assets grew by 28% to £1,400,000. Bank borrowings decreased by 28%, dropping to £220,000, and cash reserves fell 62% to £12,000. Creditors increased by 120%, reaching £580,000, and trade debtors surged by 59%, reaching £1,100,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company, meaning the financial statements are unaudited.

While the growth in assets and net assets is encouraging, the significant increase in both creditors and debtors suggests the company may be experiencing cash flow pressures. The decrease in cash reserves further supports this idea. It’s possible that the company is investing in growth or extending credit terms to customers, but careful management of working capital will be crucial.

Registered in England/Wales under the registration number 07153575, with a registered address at HP3 9HD, United Kingdom, Hemel Hempstead, Hertfordshire, Unit 22 Chancerygate Business Centre, Whiteleaf Road.

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