Remsco Trading Limited
- Small
- Active
- 24 years
- 2 employees
- £414,797 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Remsco Trading Ltd, based in Belbroughton, UK, is a small, active company founded 24 years ago. With two employees and £414,797 in assets, it’s a well-established, solo-founded operation managed by two directors. The company regularly imports and exports machinery, boilers, and mechanical appliances, including parts – 26 months of import activity and a substantial 223 months of export activity, the latest in February 2025.
The company’s website highlights its role as a trusted supplier of replacement spare parts for heavy machinery. It caters to industries like construction, mining, oil fields, and agriculture, offering parts for brands like Bobcat, Caterpillar, JCB, Komatsu, Volvo, and Tapco. The site emphasizes competitive pricing, fast delivery, and reliable aftersales support, suggesting a customer-focused approach. It’s clear they operate as agents specializing in the sale of other particular products.
Financially, Remsco Trading Ltd shows a mixed picture. Cash bank on hand increased by a significant 41% to £250,000, a positive sign of improved liquidity. However, trade debtors decreased by a substantial 61%, which could indicate difficulties in collecting payments or a shift in sales strategy. Creditors increased by 55%, potentially reflecting increased reliance on credit from suppliers. Despite this, net current assets remained stable at £360,000. 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 fluctuating debtor and creditor balances warrant close monitoring. The company is exempt from an audit, so the figures are unaudited.
Overall, Remsco Trading Ltd appears to be a resilient, niche player in the machinery parts market, but it’s important to watch their debtor management and ensure continued cash flow.
Registered in England/Wales under the registration number 04138255, with a registered address at DY9 9SN, Belbroughton, Worcestershire, Yew Tree House, Holy Cross Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Millichip Kevan John
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Millichip Kevan John
- 12 years
-
Resident of United Kingdom
-
Individual
- Millichip Kevan John
- 24 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-01-05 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-02-29Download 10 pages pdf report
-
Confirmation statement made on 2024-01-05 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Remsco Trading Limited
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