Renolit Uk Holding Limited

Renolit Uk Holding Ltd, based in Cramlington, UK, is a holding company with an active status, having operated for 46 years. Employing just two individuals, the company boasts a real address and is overseen by three directors, although no owners are officially listed. Its impressive 5.0 Google rating, based on five reviews, reflects a positive customer perception. The company regularly imports and exports plastics and plastic products, with 42 months of import activity and 17 months of export activity recorded, the latest in October 2024.

Renolit Uk Holding Ltd operates as part of a larger, family-owned group, specializing in the manufacture and sale of flexible decorative surface materials. Its website showcases a wide range of products, including decorative laminates, waterproofing membranes, and solutions for various industries like automotive, healthcare, and home building. The company emphasizes British craftsmanship and a commitment to sustainability, with a focus on circular economy principles. They even have a showroom in Harrods, London.

Financially, Renolit Uk Holding Ltd presents a mixed picture. While cash reserves remain substantial at £5.3 million, several key indicators show shifts. Accrued liabilities decreased by 27%, and net finance income increased by a significant 370%. However, net losses deepened to -£8 million, and bank borrowings surged by 2,400% to £29,000. Despite these challenges, creditors decreased by 18%, suggesting improved debt management. The company’s equity increased by 33% to £34 million. No auditor is mentioned, likely due to its small size, and the financial statements are unaudited.

The company's focus on sustainable practices and its presence in both the UK and international markets position it for long-term growth. However, the recent financial trends suggest a need for careful management and strategic decision-making to navigate the current economic climate.

Registered in England/Wales under the registration number 01375539, with a registered address at NE23 8AQ, England, Cramlington, Northumberland, C/O Renolit Uk Limited, Station Road.

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