Reevite Industrial Mouldings Limited

Reevite Industrial Mouldings Ltd from Oxford, UK, is a small, family-run business with an active status, celebrating 42 years in operation. Employing 20 people and holding assets valued at £2,270,326, it’s a well-established player in its field. The company, with three directors and two owners, operates from a real address and maintains an e-commerce site, regularly importing rubber and rubber products (for six months) and exporting them (for 51 months).

The company specializes in the manufacture of rubber products, offering a wide range of grommets, washers, plugs, bumper feet, poly inserts, end caps, and bolt caps. Its website, reevite.co.uk, showcases these products and highlights its commitment to providing small components with next-day delivery. The site’s navigation is clear, and the product categories are well-organized, making it easy for customers to find what they need. It's a simple, functional website that prioritizes product display and ease of ordering.

Financially, Reevite Industrial Mouldings Ltd shows a mixed picture. Current assets have decreased by 7.4% to £2,300,000, while net assets have fallen by 1.7% to £2,600,000. Trade debtors have also seen a decline of 18%, suggesting improved collection rates. However, other creditors have increased by a significant 39%, potentially reflecting increased supplier costs or extended payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants monitoring. With no auditor mentioned, the financial statements are unaudited.

Overall, Reevite Industrial Mouldings Ltd appears to be a stable, long-standing business navigating typical challenges for a small manufacturer. The company's focus on a niche product range and its commitment to customer service position it well for continued success, though it will need to manage its creditors carefully.

Registered in England/Wales under the registration number 01654162, with a registered address at OX26 4PP, Oxford, 16 Murdock Road, Bicester.

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