Rivanet Limited

Rivanet Limited is a small holding company based in Manchester, UK, with an active status. Established 23 years ago in June 2001, it employs 22 people and holds assets worth £2,929,106. The company operates from a virtual address, registered at a location shared by seventeen other companies, and is managed by two directors and one owner. It’s a regular importer, though its top import category is listed as "None," with the last import activity occurring three months ago in July 2018.

The company’s website, Manchester Digital, serves as an industry body representing Greater Manchester’s tech and digital sector. It’s not an e-commerce site but rather a hub for networking, events, and resources for tech businesses of all sizes. The site promotes membership, offers insights into the Northern Tech Economy, and hosts events like Tech Leader Talks and the Digital Skills Festival. Recent blog posts cover topics like ecommerce trends, the launch of a Startup Review, and a call for a National Centre of Ecommerce Excellence.

Financially, Rivanet Limited’s figures present a mixed picture. Cash bank on hand has increased dramatically, rising 460% to £54,000. However, net assets have grown by 43% to £1.9 million, and current assets have increased by 22% to £2.9 million. Trade debtors have decreased by 10%, suggesting improved collection practices. The company’s net current assets liabilities have increased by 49% to £2.2 million. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, the increase in liabilities warrants attention. The company’s financial statements were audited by Freedman Frankl & Taylor. It seems the company is doing well, but it’s important to keep an eye on those liabilities.

Registered in England/Wales under the registration number 04239806, with a registered address at M4 6LZ, United Kingdom, Manchester, Colony One Silk Street, Ancoats.

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