Reax Equipment Limited

Reax Equipment Ltd, based in Blackpool, UK, is a small company with an active status, founded six years ago. Employing just four people and holding £178,395 in assets, it operates from a real address and is overseen by three directors and two owners. A stellar 5.0 Google rating from 54 reviews speaks to its reputation. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 51 months of import activity, the last in February 2025. Export activity is less frequent, with just two months recorded, the last in November 2023.

Reax specializes in providing training and equipment for high-risk environments, offering services like confined space rescue and work-at-height training. Its website highlights expertise in safety equipment, rescue planning, and consultancy, catering to sectors like manufacturing, construction, and telecoms. The company emphasizes a “experience driven” approach, with ex-service and industry specialists passing on their knowledge.

Financially, Reax Equipment Ltd shows some concerning trends. Average number of employees increased by 75%, jumping from four to seven, which could indicate growth but also increased operational costs. Cash bank on hand dropped significantly by 42%, falling to £60,000, and net assets also decreased by 52%, settling at £82,000. Trade debtors saw a 41% decline, suggesting slower customer payments. However, accrued liabilities decreased by nearly 50%, and creditors remained stable, indicating better management of short-term obligations. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity warrants attention. No auditor is mentioned, which is common for small, exempt companies.

The company’s reliance on training and consultancy, coupled with fluctuating financial performance, suggests a business navigating growth challenges. While its strong Google rating and focus on specialized services are positives, the decrease in cash reserves and equity raise questions about its long-term financial health.

Registered in England/Wales under the registration number 11576372, with a registered address at FY4 5NZ, England, Blackpool, Lancashire, Unit 1 & 2 Keystone Court, Whitehills Business Park.

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