Rib Contracts Limited

Rib Contracts Limited, based in Small Dole, UK, is a small, active company established nine years ago. With twenty employees and £638,880 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer, primarily dealing in aluminum and aluminum products, with the last import operation occurring just one month ago. It’s a tight-knit operation, meeting the criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Rib Contracts focuses on creating exceptional environments, offering services across residential, hospitality, cultural, and museum sectors. Its website details three core areas: "Live" (private residences and joinery), "Life" (hotels and retail), and "Learn" (museums and brand experiences). The company emphasizes craftsmanship, precision, and a proactive mindset, continually evolving through new materials and technologies. Quick links to its data protection, environmental, and sustainability policies further reinforce its commitment to responsible business practices. Contact information includes a phone number and address at Mackley Industrial Estate, Small Dole.

Financially, Rib Contracts Limited shows a mixed picture. While cash bank on hand increased significantly by 190% to £290,000, net assets only increased slightly to £300,000. Trade creditors increased substantially by 140% to £380,000, and bank borrowings increased by 2,400%, reaching £29,000. The company’s debts to associates increased by 460% to £9,500. Interestingly, advances to directors were completely repaid, reducing from £110,000 to zero. The company’s turnover increased by 15% to £140,000, but losses increased by 73% to -£23,000. The lack of an auditor mentioned suggests the company is exempt as a small entity.

Overall, Rib Contracts Limited appears to be navigating a period of growth and change, with increased debt alongside improved cash reserves. The company’s focus on specialized interior fitout and its commitment to quality construction may help it weather these financial pressures, but the sharp increase in creditors suggests a need for careful financial management.

Registered in England/Wales under the registration number 09692582, with a registered address at BN5 9XR, England, Small Dole, West Sussex, Unit 81-82 Mackley Industrial Estate, Henfield Road.

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