Rivariva Ltd

Rivariva Ltd from Bilston UK is a small, active company founded five years ago. It's a solo venture employing just one person, with a real address and overseen by a single director and owner. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, rivagroup.com, focuses heavily on industrial steel production and related services. It’s clear the company is a major player in the European steel industry, boasting 21 active plants and over 5,500 employees across several countries. The site details a wide range of products, from long hot-rolled and cold-rolled steel to semi-products, alongside CSR initiatives, quality management systems, and even training programs. It's a complex operation, far beyond a simple online retail store, and seems to be a subsidiary of a much larger group.

Financially, Rivariva Ltd’s picture is a bit mixed. Cash reserves have jumped dramatically, increasing by 940% to reach £10,000, which is good news. However, net assets are down 37%, settling at -£7,500, and losses have deepened. Creditors have also risen significantly, increasing by 160% to £18,000. Trade debtors are also up, suggesting potential issues with customer payments. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Rivariva Ltd seems to be navigating a challenging financial landscape. While its cash position has improved, the increased debt and declining equity suggest it's burning through money. It's likely a small part of a larger steel group, and its financial health is probably tied to the performance of that parent company.

Registered in England/Wales under the registration number 12183773, with a registered address at WV14 8GE, United Kingdom, Bilston, 21 Pentire Close.

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