Rigging Projects Ltd
- Small
- Active
- 11 years
- 12 employees
- £1,197,868 (assets)
- Real address
- 4 directors
- No owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Rigging Projects Ltd, based in Southampton, UK, is a small, active company founded eleven years ago in 2014. With twelve employees and £1,197,868 in assets, it operates from a real address and is overseen by four directors, though there are no registered owners. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts – a significant 27 months of imports and 174 months of exports.
The company’s website reveals a broader scope than initially apparent. While it’s a manufacturer in Totton, England, Rigging Projects Ltd specializes in marine hardware, sailing systems, textiles, CNC machining, design consultancy, and aftersales support. It even has a dedicated section for gunboat case studies and Hetairos gaff lock upgrades. The company boasts strategic service locations across the Atlantic and Mediterranean, supporting its clients and products globally. It’s a business that seems to have a good reputation, with a dedicated team providing unparalleled support.
Financially, Rigging Projects Ltd’s picture is mixed. While its net assets increased by a substantial 50% to £690,000, cash reserves declined by 43% to £150,000. Bank borrowings have increased significantly, jumping 130% to £71,000. Trade debtors have also decreased by 12%, which is a positive sign. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decrease in cash reserves could be a concern. There's no mention of an auditor, which is common for companies of this size. The company’s turnover is likely under £10.2 million, and it has less than 50 employees.
Overall, Rigging Projects Ltd appears to be a well-established business with a global reach, but the recent financial trends suggest it’s burning through money a little bit.
Registered in England/Wales under the registration number 08913431, with a registered address at SO40 3WX, England, Southampton, Riverside House Brunel Road, Totton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- 5 months
- 7
-
Resident of United Kingdom
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
-
Individual
- 11 years
- 2
-
Resident of United Kingdom
-
Individual
- 11 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Termination of appointment of Scott Duncan Gray as a director on 2025-01-24Download 1 page pdf report
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Appointment of Mr Ian Thornley as a director on 2025-01-24Download 2 pages pdf report
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Cessation of Nicholas Andrew Black as a person with significant control on 2021-05-05Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Rigging Projects Ltd
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