Red Box Manufacturing Ltd.

Red Box Manufacturing Ltd from Bellshill UK: a small, active company established 24 years ago, employs 12 people, and holds £416,644 in assets. It’s a real address with three directors and one owner. The company is an irregular importer of basic metal tools and utensils (2 months) but a regular exporter of machinery, boilers, and mechanical appliances; parts (8 months).

The company operates from a real address in Mossend and is a premier supplier of tools and equipment for the steel erection, fabrication, and construction industries. Its website showcases a range of associated businesses, including RedCut, WackerDirect, and Anchor Tool Hire, highlighting a diverse portfolio of tools and equipment. It also seems to be a distributor for other brands like MagDrill, Starrett, and Trelawny.

Financially, Red Box Manufacturing Ltd shows a mixed picture. Current assets decreased by 23%, dropping to £420,000, while net assets also declined, falling 22% to £140,000. Bank borrowings decreased by 46%, and cash reserves plummeted 48% to £150,000. Creditors also decreased by 18%, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Red Box Manufacturing Ltd appears to be navigating a period of financial pressure, with declining assets and cash reserves. However, its diverse range of associated businesses and focus on specialized industries may help it weather these challenges.

Registered in Scotland under the registration number SC217900, with a registered address at ML4 1DD, Bellshill, Lanarkshire, 11 Unthank Road, Mossend.

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