Ready Mix Tees Valley Ltd

Ready Mix Tees Valley Ltd, based in Middlesbrough, UK, is a small, active company founded 17 years ago. Employing 22 people and boasting assets of £3,891,492, it operates from a real address and is managed by two directors and a solo founder. The company holds a respectable Google rating of 4.0 based on 10 reviews. It’s an irregular importer, primarily dealing in miscellaneous chemical products, with the latest import occurring just one month ago.

The company’s website highlights its role as a leading supplier of ready-mix concrete to Teesside and surrounding areas, including Darlington, Hartlepool, and Stockton-on-Tees. They offer a range of concrete mixes, including fibre reinforcement, liquid screed, and waterproofing solutions. Notably, they provide a volumetric concrete mixer and on-site mixing services, allowing for precise quantity control and minimizing waste – a feature prominently displayed on their calculator tool. Customer testimonials praise the efficiency and professionalism of their delivery team, emphasizing the “no mess, no waste” approach.

Financially, Ready Mix Tees Valley Ltd shows some concerning trends. Accumulated depreciation on computer equipment has increased by a hefty 40%, while furniture fittings have seen a 390% jump. Advances to directors have decreased significantly by 61%, and bank borrowings have also fallen, though cash reserves have plummeted by nearly 70% to just £12,000. Creditors, however, have risen by 89%, and other taxation social security payable has increased by a staggering 470%. While the company meets the criteria to be classified as small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, the decline in equity and cash reserves warrants attention. No auditor is mentioned, consistent with its status as a small, exempt company.

Despite these financial pressures, Ready Mix Tees Valley Ltd appears to be maintaining a strong reputation for quality and service within its local market, and the company is holding steady.

Registered in England/Wales under the registration number 06511615, with a registered address at TS6 6TX, Middlesbrough, Cleveland, 1-4 Puddlers Road, South Bank.

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