Recotherm Limited

Recotherm Ltd from Redditch UK is a small, holding company with an active status, established 40 years ago. The company employs 14 people and holds assets totaling £1,271,499. With three directors and one owner, it maintains a real address and boasts a stellar 5.0 Google rating based on eight reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago.

The company operates within the “other manufacturing n.e.c.” industries, and its website, while not providing detailed information, suggests a focus on swimming pool supplies. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees).

Financially, Recotherm Ltd shows a mixed picture. While cash reserves increased by a substantial 110% to £120,000, trade debtors have risen significantly by 14%, reaching £950,000. Creditors have also increased by 46%, reaching £580,000, and bank borrowings have decreased by 7.1%, settling at £150,000. The company’s net assets have increased by 11%, reaching £720,000, a positive sign. The increase in debtors could indicate a growing sales volume, but also a potential challenge in collecting payments. Depreciation impairment property plant equipment has also increased by 83%.

The company is exempt from an audit as a small company, and the financial statements are unaudited. It’s clear that Recotherm Ltd is navigating a period of growth and change, with both opportunities and potential risks ahead.

Registered in England/Wales under the registration number 01916589, with a registered address at B96 6HH, Redditch, Worcestershire, Unit A, Astwood Business Park Astwood Lane, Astwood Bank.

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