Rift Actuators Ltd

Rift Actuators Ltd, based in Malvern, UK, is a small, active company founded just two years ago. Employing six people and holding £61,802 in assets, it's a solo-founder operation managed by a single director and owner. The company is an irregular importer, primarily bringing in electrical machinery and equipment, with the latest import activity recorded just last month.

The company’s website showcases a range of valve actuator solutions, targeting industries like water utilities, oil and gas, and food processing. It’s clear that they’re focused on high-value components, offering both standard and customisable options, including electric, pneumatic, and smart actuators. They even boast a partnership with Motion Control Products, suggesting a broader network and potential for expansion. The website highlights energy-saving technology and advanced diagnostics, aiming to appeal to businesses seeking efficiency and reliability.

Financially, Rift Actuators Ltd presents a mixed picture. While current assets remain stable at £62,000, equity has significantly declined to -£190,000. Bank borrowings have increased, and cash reserves are a modest £3,500. Trade debtors have also risen, indicating potential challenges in collecting payments. The company's small size (meeting two of three criteria for being a small company) allows for agility, but the negative equity is a cause for concern. As a small company, it’s exempt from an audit, so these figures are unaudited.

The company’s focus on specialized valve actuators and its emphasis on innovation suggest a potential for growth, but the financial data indicates that it's burning through money. The solo founder may be stretched thin, and the company will need to carefully manage its cash flow to sustain its operations.

Registered in England/Wales under the registration number 14767295, with a registered address at WR14 3NB, England, Malvern, Worcestershire, 12 Sixways Industrial Estate, Barnards Green Road.

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