Renovo International Limited

Renovo International Ltd, based in Kettering, UK, is a small, holding company with an active status. Established 27 years ago in 1997, it employs just three people and holds £98,542 in assets. The company operates from a virtual address – a point to note as 197 other companies are registered at the same location – and is managed by one director and one owner. While it regularly exports miscellaneous chemical products (for 27 months), its import activity is more sporadic, with just two months of imports recorded.

The company’s website reveals a focus on cleaning, restoring, and protecting automotive, marine, and vehicle interiors. It offers a range of products, including cleaners, revivers, and proofers for soft tops, boat care solutions, and interior car care items. The site’s professional design and product descriptions suggest a focus on quality and performance, catering to a niche market of vehicle and boat enthusiasts. Renovo International also seems to be selling online, with a cart and checkout system visible on the website.

Financially, Renovo International’s numbers paint a mixed picture. Current assets have decreased by 40%, dropping to £99,000, while net assets have fallen even more sharply, declining 56% to £52,000. Cash reserves have also taken a hit, decreasing 60% to £53,000. Trade debtors have increased by 15%, reaching £24,000, and bank borrowings have also increased. The company’s small size – meeting two of three criteria for being a small company – likely contributes to its agility, but the significant decline in equity raises concerns. The company is exempt from an audit, so the numbers are unaudited.

Overall, Renovo International appears to be navigating a period of financial pressure, despite its strong online presence and focus on specialized products. Whether it can sustain its export business and manage its declining equity remains to be seen.

Registered in England/Wales under the registration number 03421089, with a registered address at NN15 6WJ, England, Kettering, Northamptonshire, Headlands House 1 Kings Court, Kettering Parkway.

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