Refuse Vehicle Solutions Limited

Refuse Vehicle Solutions Ltd, based in Dursley, UK, is a large, active company founded 14 years ago. With 83 employees and £15.7 million in assets, the company generates a yearly revenue of £26.7 million. It's led by four directors and owned by Law Spencer, who also acts as a solo founder. The company boasts a 4.0 Google rating from 32 reviews and regularly imports and exports electrical machinery and equipment.

The company's core business revolves around providing comprehensive solutions for the refuse vehicle industry. Its website, RVS UK, showcases a wide range of services, from sales of new and used refuse trucks to refurbishment, field service, preventative maintenance, and even short-term hire options. They cater to various manufacturers, including Mercedes, Volvo, and Dennis Eagle, offering a diverse selection of vehicles and parts. The website also highlights the company’s expertise in electric vehicle conversions and mobile compaction vehicles, reflecting a commitment to innovation and sustainability.

Financially, Refuse Vehicle Solutions Ltd demonstrates a mixed picture. While turnover increased by 10% to £27 million, net assets decreased by 21% to £16 million. Bank borrowings increased by 91% to £120,000, while cash reserves grew by 110% to £860,000. Creditors also decreased by 2.3%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) allows for economies of scale, but the decrease in net assets warrants further investigation. The financial statements were audited by EV Accountants Limited.

The company’s focus on providing a full-service offering—from sales and maintenance to parts and hire—positions it well within the waste management sector. However, the fluctuating financial metrics indicate a need for careful management and strategic planning to ensure long-term stability and growth.

Registered in England/Wales under the registration number 07306136, with a registered address at GL11 5HT, England, Dursley, Gloucestershire, Unit 2, The Yard Woodend Lane, Cam.

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