Renderboxes Limited

Renderboxes Ltd, based in Ramsgate, UK, is a small, active company founded six years ago. With three employees and £236,937 in assets, it operates from a virtual address—a detail flagged by the fact that 397 companies are registered at the same location. The company is led by two directors and a solo founder, Rogers Richard.

Renderboxes Ltd specializes in importing electrical machinery and equipment, having done so for ten months, with the most recent import occurring in December 2024. It also exports machinery, boilers, and mechanical appliances, having done so for eight months, with the last export in November 2024. The company operates within the "other information technology service activities" industries.

Financially, Renderboxes Ltd shows some concerning trends. While cash reserves increased by 17% to £24,000, current assets experienced a 23% drop to £240,000. Net assets, however, surged a remarkable 1500% to £40,000—a significant turnaround. Bank borrowings also increased, with a 23% rise to £15,000. Creditors saw a substantial 200% increase, reaching £49,000, and trade debtors fell by 47%, down to £8,400. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The significant increase in net assets, despite the drop in current assets, suggests a possible shift in the company's financial structure, perhaps through equity investment or asset revaluation. The rise in creditors, however, could indicate a reliance on short-term financing. It’s a bit unusual, but it could also mean the company is expanding and investing in its operations.

Registered in England/Wales under the registration number 11701666, with a registered address at CT12 6SJ, England, Ramsgate, Kent, 424 Margate Road Westwood.

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