Recol Limited

Recol Ltd, a family-run business based in Duston, Northamptonshire, is a sizable player in the UK’s sheet metal fabrication and engineering sector. Established 39 years ago, the company employs 114 people and boasts assets of £3.69 million, generating an annual revenue of £11.2 million. With a perfect 5.0 Google rating from 11 reviews, it’s clearly a well-regarded operation, managed by four directors and two owners. The company’s real address is registered, and it’s a real business, as only one other company is registered at the same address.

Recol’s core business involves providing a complete manufacturing solution, from initial design to final delivery. Its website highlights a commitment to cutting-edge technology and a flexible approach to manufacturing, catering to a diverse range of industries. They’re irregular importers of machinery, boilers, and mechanical appliances, parts, importing for just one month, but regular exporters of the same, exporting for five months.

Financially, Recol Ltd shows some concerning trends. While turnover remains strong, the company’s net assets have increased by 25%, and liabilities have also increased. Bank borrowings have surged by 31%, and cash reserves have decreased by 50%. Creditors have decreased by 30%, suggesting better debt management. Depreciation and amortization expenses have decreased by 4%, and administrative expenses have increased by 23%. The company’s large size (meeting two of three criteria for a large company) suggests a stable operation, but the decrease in cash reserves could indicate tighter margins or increased investment. The company’s auditor is Hawsons Chartered Accountants.

Despite these challenges, Recol Ltd’s strong customer base and commitment to innovation position it for continued success. The company's focus on reinvestment and skilled workforce suggests a long-term perspective, even if short-term financial pressures are apparent.

Registered in England/Wales under the registration number 01974684, with a registered address at NN5 7US, Duston, Northampton, Recol Limited Lodge Way, Lodge Farm Industrial Estate.

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