Renace Limited

Renace Ltd from Northampton UK: a small holding company with an active status, was founded 11 years ago. It employs 38 people and holds £853,331 in assets. The company has three directors and one owner, and currently holds a 1.0 Google rating based on just one review. It's a regular importer of footwear and related items, with four months of import activity recorded, the last in November 2023.

The company operates in the retail sale of medical and orthopaedic goods, and it’s a manufacturer too. Renace’s website showcases a wide range of stock, modular, and bespoke footwear, alongside repairs and adaptations. It also produces custom orthotics, including insoles, braces, and helmets. The website also has a section for healthcare professionals, providing advice and resources. It’s a UK manufacturer since 1972.

Financially, Renace Ltd’s recent reports show some interesting trends. Cash reserves increased by a significant 63%, reaching £86,000, which is good. However, net assets also increased by 9.6% to £570,000. Bank borrowings decreased by 35% to £40,000. Trade debtors decreased by 34% to £320,000, suggesting better collection of payments. However, creditors also increased by 19% to £190,000. The company meets two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the small company exemption. The increase in creditors, while not alarming, could indicate a need to manage short-term liabilities more closely.

Registered in England/Wales under the registration number 08665787, with a registered address at NN4 7BQ, United Kingdom, Northampton, Northamptonshire, 4 Kilvey Road, Brackmills.

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