Rioned Uk Ltd

Rioned UK Ltd, based in Thetford, UK, is a small, active company established 19 years ago. Employing 16 people, it holds assets valued at £4,574,118. Operating from a real address and managed by two directors (with no owners officially listed), the company runs an e-commerce site specializing in sewer cleaning equipment. It’s a regular importer of machinery, boilers, and mechanical appliances, parts, with 143 months of import activity recorded, and a regular exporter, with 3 months of export activity.

The company's website highlights its position as a European market leader in drain and sewer cleaning machines and inspection systems. It caters to a wide range of customers, offering high-pressure jetting machines, duct desilting machines, and inspection detection equipment, alongside used machinery and van solutions. Rioned also provides online catalogues, spare parts, and accessories, and offers services like repairs, maintenance, and training. A current promotion celebrates the 20th anniversary of the CityJet, offering exclusive packages.

Financially, Rioned UK Ltd shows some concerning trends. While current assets increased by 13% to £4,600,000, net assets increased by 23% to £4,100,000. However, cash bank on hand plummeted 76% to just £95,000. Creditors increased by 160% to £34,000, and corporation tax payable surged by a staggering 40,000% to £170,000. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The company’s financial statements are unaudited, and no auditor is mentioned.

Overall, Rioned UK Ltd appears to be a well-established player in its niche market, but the sharp decline in cash reserves and significant increase in tax payable warrants close monitoring.

Registered in England/Wales under the registration number 05610142, with a registered address at IP24 3RU, England, Thetford, Norfolk, Freeflow House, Stephenson Way.

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