Reel (uk) Limited

Reel Uk Ltd, based in Stourbridge, UK, is a small, active company founded 28 years ago. Employing 28 people, it holds assets totaling £3,479,552 and operates from a real address. With four directors and one owner, the business regularly imports electrical machinery and equipment—15 months of activity recorded—and irregularly exports the same, with just one month of exports as of January 2022.

The company’s website reveals a sophisticated operation focused on the manufacture of lifting and handling equipment, serving industries like aeronautics, defense, and energy. Reel (uk) Limited operates several brands, including NFM Systems, IMECA, and COH, and provides services ranging from design and engineering to installation and maintenance. They even offer disaster recovery for damaged equipment, showcasing a commitment to long-term support. The website’s extensive content and international presence suggest a well-established business with a global reach.

Financially, Reel (uk) Limited presents a mixed picture. While cash bank on hand increased by 26% to £650,000, net assets rose by 24% to £2.4 million. However, accrued liabilities deferred income increased by 24% to £680,000, and trade debtors increased by 19% to £2.7 million. Average number of employees increased by 17% to 28. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in liabilities suggests potential cash flow pressures. No auditor is mentioned, so the financial statements are unaudited.

Overall, Reel (uk) Limited appears to be a stable, albeit slightly stretched, business. Its focus on specialized equipment and international markets provides a strong foundation, but managing its growing liabilities will be key to its continued success.

Registered in England/Wales under the registration number 03355913, with a registered address at DY8 4YR, England, Stourbridge, West Midlands, Platts Road, Amblecote.

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