Renatus Limited

Renatus Ltd from Bideford, UK, is a small, active company established 24 years ago. With a real address and twelve employees, it holds £205,277 in assets. Two directors and one owner (though this list may not be exhaustive) oversee the business, which has been operating since August 29, 2000. The company imports and exports musical instruments and parts, though activity is irregular – one month of imports and two months of exports were recorded recently.

Renatus Ltd operates in the manufacture of other products of wood, articles of cork, straw, and plaiting materials, and musical instruments. It’s a small business, meeting two of the three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, making it difficult to determine if it operates an e-commerce platform.

Financially, Renatus Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £210,000, net assets decreased by 11% to £130,000. Bank borrowings decreased significantly by 37% to £17,000, and cash reserves fell by 25% to £19,000. Creditors decreased by 37% to £17,000, suggesting improved debt management, but other debtors increased by 10% to £110,000. It's worth noting that the company's equity decreased by 10% to £28,000. The company’s unaudited accounts, prepared using VT Final Accounts software, show a decline in depreciation charges for plant machinery, which may indicate reduced investment or slower equipment usage. The lack of an auditor is typical for small companies, relying on director-reported data.

Overall, Renatus Ltd appears to be facing some financial pressure, despite its long-standing presence in the market. The decrease in cash reserves and the decline in equity suggest that the company may be burning through money, but the decrease in creditors is a positive sign.

Registered in England/Wales under the registration number 04061498, with a registered address at EX39 4LQ, Bideford, Devon, Unit 6 Alverdiscott Road Industrial Estate.

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