Redco Ltd

Redco Ltd, based in Norwich, UK, is a small, active company founded 42 years ago, in 31 June 1982. Employing 28 staff, it holds £1,136,731 in assets and operates from a real address, managed by two directors and one owner. The company is an irregular importer of plastics and plastic products (2 months imported, last in 2016) and a regular exporter (3 months exported, last in January 2025).

Redco Ltd specializes in precision engineering, offering bespoke manufacturing, stock holding, and renowned service. Its Norwich-based team utilizes CADCAM technology, providing services ranging from general sawing to high-end CNC machining. The company caters to businesses in Norfolk, Europe, and worldwide, with a focus on quality, innovation, and value. Its website highlights capabilities like 5-axis machining, QA facilities, project management, finishing services, plastic welding, moulding, and polishing.

Financially, Redco Ltd presents a mixed picture. While current assets remained steady at £1,100,000, net assets decreased by 11% to £630,000. Bank borrowings remained constant at £510,000, but cash reserves increased by 46% to £19,000. Creditors rose by 26% to £940,000, while trade debtors increased by 17% to £740,000. The company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees). There is no mention of an auditor in the report, likely due to its small size.

The company’s financial data suggests it’s navigating a period of change. While the increase in cash reserves is encouraging, the rise in creditors could indicate tighter margins or challenges in managing payments. The company’s long-standing presence and diverse capabilities, however, position it well to adapt to evolving market conditions.

Registered in England/Wales under the registration number 01639947, with a registered address at NR6 6AZ, Norwich, Norfolk, Airedale House Units 11-14 Burton Close, Vulcan Road Industrial Estate.

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