Recoil Limited

Recoil Ltd from Beckenham, UK, is a small, holding company with an active status, having been established 57 years ago in 1967. The company employs five people and operates from a real address, with four directors and one owner. It’s an irregular importer, with no import activity recorded for 12 months, and an irregular exporter of electrical machinery and equipment, with just one month of export activity in 2016.

The company specializes in coil winding services, offering expertise in solenoids, transformers, toroidal winding, and precision orthocyclic coil winding. Its website, salesrecoilltd.com, highlights over 50 years of experience and emphasizes cost-effective solutions for clients across the globe. The business caters to a range of industries, providing custom coil winding services and precision-wound parts. It's a family-run business with a strong emphasis on British craftsmanship.

Financially, Recoil Ltd presents a mixed picture. Cash reserves increased by a substantial 31%, reaching £440,000, which is a positive sign. However, creditors have risen dramatically, increasing by 360% to £99,000, and trade debtors have decreased by 4.3% to £180,000. Accumulated depreciation for furniture fittings has increased by 15%, while plant machinery depreciation is up by 2.7%. Amounts owed by parent entities have fallen by 42%, which could be a sign of restructuring. Despite these fluctuations, the company’s net assets increased by 4.1% to £580,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the rise in creditors warrants attention. The accounts are unaudited, as is typical for small companies.

The company's financial data suggests it's managing its cash flow effectively, but the increase in liabilities could indicate a need for careful monitoring. It's a well-established business with a specialized service, but the financial figures hint at some challenges in balancing growth and debt management.

Registered in England/Wales under the registration number 00920553, with a registered address at BR3 4TW, Beckenham, Kent, 162-164 Ravenscroft Road.

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