Rhino Racking Ltd

Rhino Racking Ltd from Durham, UK, is a small holding company with an active status, established three years ago. The company employs just two people and holds £440,096 in assets, operating from a virtual address – thirteen other companies are registered at the same location. It’s managed by two directors and has one owner. Rhino Racking runs an e-commerce site and irregularly imports furniture, lighting, and prefabricated buildings, with the latest import occurring two months ago.

The company’s website showcases a wide range of shelving and racking solutions, catering to both commercial and domestic needs. It offers everything from MDF shelving to garden shelving, with a particular emphasis on heavy-duty garage shelving. The site also highlights a diverse range of countries and currencies, suggesting a potential international customer base. The website has a perfect 5.0 Google rating from eight reviews.

Financially, Rhino Racking Ltd presents a mixed picture. Current assets have decreased by 24% to £440,000, while cash bank on hand has seen a dramatic increase of 8800%, reaching £8,500. Creditors have decreased by 47%, suggesting improved debt management, but trade debtors remain steady. Equity has increased by 54%, reaching £210,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in assets is something to keep an eye on. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 13400145, with a registered address at DH1 1TN, United Kingdom, Durham, County Durham, Unit 10 Sunflag Park, Belmont Industrial Estate.

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