Riley Automation Limited

Riley Automation Ltd, based in Derby, UK, is a small holding company with an active status, celebrating 25 years since its founding in 2000. With 20 employees and £2,682,548 in assets, the company operates from a real address and is overseen by two directors and one owner. Riley Automation is a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with a history of 98 months of imports and 26 months of exports.

The company’s website highlights its focus on automation solutions, particularly through bowl feeders, linear systems, and turnkey solutions. It also offers spare parts and services, catering to various industries, including chemicals, construction, and pharmaceuticals. The website showcases a range of products, from simple feeders to complex systems, and emphasizes reliability and quality. The company also has a separate division focused on high-end piano restoration, a surprising contrast to its core automation business.

Financially, Riley Automation Ltd presents a mixed picture. Accumulated depreciation for motor vehicles increased significantly by 86%, while cash bank on hand dropped by 47% to £120,000. Bank borrowings were eliminated, a positive sign, but creditors rose by 76% to £260,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the increase in creditors suggests a need to manage cash flow more carefully. Net assets decreased by 5.7% to £2.2 million. The company is exempt from an audit, meaning the financial statements are unaudited. It’s worth noting that the company’s net losses deepened, although the exact figures are not provided.

Overall, Riley Automation Ltd appears to be navigating a period of change. While its automation business seems robust, the financial data suggests some challenges in managing cash flow and profitability.

Registered in England/Wales under the registration number 03955728, with a registered address at DE23 8AG, Derby, Derbyshire, Unit 2 Foresters Business Park, Sinfin Lane.

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