Rebar Tying Systems Ltd

Rebar Tying Systems Ltd from Swindon UK is a small, active company founded two years ago. With two employees and £113,008 in assets, it’s a family business run by two directors and owners. The company has a real address and regularly imports machinery, boilers, and mechanical appliances; parts (17 months imported), and exports the same (3 months exported).

The company's website showcases a focus on rebar tools and fasteners, primarily through TJEP, a well-known brand. It offers a range of tools, including rebar cutting accessories and wire cutting tools, catering to construction and engineering professionals. The site also includes a section for RTS Products, offering a wider selection of tying tools, cutters, and rebar wire accessories. The website’s design is functional, with clear product categories and contact information. It also features a cookie consent management system, indicating a commitment to data privacy.

Financially, Rebar Tying Systems Ltd’s report paints a mixed picture. While cash bank on hand remains steady at £23,000, current assets have decreased slightly to £110,000. Creditors are holding steady at £160,000, and debtors are also consistent at £43,000. Equity, however, is negative at -£34,000, suggesting the company is operating at a loss. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the negative equity is a cause for concern. The company's accounts are abridged and unaudited, and no auditor is mentioned.

The company’s consistent import and export activity indicates ongoing business operations, but the negative equity suggests it may be burning through cash. Whether the company can sustain this level of activity remains to be seen, but its focus on a niche market and its established supplier relationships could provide a foundation for future growth.

Registered in England/Wales under the registration number 14156700, with a registered address at SN3 4WA, England, Swindon, Unit 3 Woodside Road, South Marston Industrial Estate.

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