Ricoeurope Ltd

Ricoeurope Ltd, based in Daventry, UK, is a small, active company established 16 years ago. With six employees and £417,805 in assets, it operates from a real address and is managed by two directors and one owner. The company is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 30 months of import activity and 5 months of export activity as of January 2025.

The company’s website reveals a business focused on filtration solutions for a wide range of machinery. It acts as a distributor for numerous brands, including Kubota, Iseki, and JCB, offering filters, lubricants, and parts for various applications. The site also features a part finder and oil finder, indicating a focus on customer convenience and technical support. It’s clear the business caters to industrial and commercial clients, offering both standard and specialized filtration products.

Financially, Ricoeurope Ltd presents a mixed picture. While bank borrowings decreased by 30%, dropping to £150,000, cash reserves significantly declined by 82%, leaving just £12,000. Creditors also fell by 30%, suggesting improved debt management. However, a substantial increase in accumulated depreciation impairment for plant and machinery – 64% – raises concerns about the condition of its assets. Net assets, however, increased by a considerable 55%, reaching £500,000. The company’s small size (meeting two of three criteria for small company status) allows for agility, but the fluctuating cash reserves warrant close monitoring. No auditor is mentioned, which is common for small, exempt companies.

Overall, Ricoeurope Ltd appears to be a stable, albeit somewhat cash-constrained, business. Its focus on filtration solutions and strong supplier relationships position it well in the market, but the need to manage cash flow will be crucial for sustained growth.

Registered in England/Wales under the registration number 06770004, with a registered address at NN11 8YT, England, Daventry, Northants, Unit1-2 Badby Park, Heartlands Business Park.

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