Rhino Innovation Ltd

Rhino Innovation Ltd from Brackley UK: small company, active status, founded 4 years ago, 14 employees, £575,260 assets, real address, 2 directors, 2 owners, family business. Regular importer of paper and paperboard products (3 months imported). Rhino Innovation Ltd is a private limited company registered in England/Wales with the registration number 13019696. It operates in the other service activities n.e.c. industries. Officially, it has two owners or PSCs, two directors, and fourteen employees. The company was founded four years ago on November 15, 2020, and registered at NN13 7AW, England, Brackley, Northamptonshire, Cherwell House Farm Road, Buckingham Road Industrial Estate. The address is probably real as only one company registered at the same address.

Rhino Innovation’s website, rhinocuttingmat.co.uk, showcases a range of self-healing cutting mats, heavy-duty workbenches, and related workshop furniture and tools. It’s clearly an e-commerce business, selling directly to consumers and businesses. The site emphasizes durability, innovation, and sustainability, with a focus on serving sectors like automotive, aerospace, manufacturing, and education. It offers a wide variety of products, from cutting mats and anti-static mats to workbenches and tools, catering to diverse needs. They even have a section for custom workbench surfaces, suggesting a degree of flexibility and bespoke service. The site's blog features content on topics like height-adjustable workbenches and ESD bench mats, reinforcing their expertise and providing value to potential customers.

Financially, Rhino Innovation Ltd presents a mixed picture. While assets remain relatively stable at £575,000, cash reserves have significantly decreased by 78%, dropping to just £19,000. Creditors have also seen a dramatic reduction, falling 88% to £38,000. This could indicate improved debt management, but the sharp decline in cash raises concerns about liquidity. Bank borrowings have increased by 71%, reaching £44,000, suggesting the company may be relying more on external financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in cash and increase in borrowings are worth noting. With no auditor mentioned, the figures rely on unaudited statements. The company's equity has also decreased by 44%, to £72,000, which is something to keep an eye on.

Registered in England/Wales under the registration number 13019696, with a registered address at NN13 7AW, England, Brackley, Northamptonshire, Cherwell House Farm Road, Buckingham Road Industrial Estate.

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