Riventa Ltd

Riventa Ltd from Truro, UK, is a holding company with an active status, celebrating 25 years since its founding in March 2000. While boasting a solid 5.0 Google rating from three reviews, the company currently has accounts overdue by three months, a slight cause for concern. With 16 employees and £1,528,381 in assets, it’s a mid-sized operation with a real address and five directors, overseen by a single owner. Riventa Ltd regularly imports and exports optical and medical tools and devices, with 3 months of import activity and 76 months of export activity recorded.

The company operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control industries. It’s a holding company, and the last reported current assets are £1,528,381. Riventa Ltd is a regular importer, with its top import category being Optical and medical tools and devices, totaling 3 months of imports. The last import operation was conducted on December 01, 2024. The company is a regular exporter, with its top export categories including Optical and medical tools and devices, totaling 76 of months exports. The last export operation took place on September 01, 2024.

A review of Riventa’s financial data reveals some interesting trends. Accumulated amortisation impairment intangible assets have increased significantly, with development costs capitalised development expenditure rising to £150,000. Similarly, depreciation impairment property plant equipment has increased to £64,000. Bank borrowings have decreased by 23% to £50,000, and cash reserves have fallen dramatically, dropping 100% to zero. Total assets have increased by 59% to £1,600,000, but net assets have remained constant at £1,600,000. Trade creditors have increased by 210%, suggesting potential cash flow challenges.

Despite these shifts, Riventa Ltd appears to be maintaining a steady course. The increase in intangible assets likely reflects ongoing investments in development and technology. The decrease in bank borrowings is a positive sign, but the sharp drop in cash reserves warrants closer attention. The increase in trade creditors could be due to delayed payments from customers or an expansion of credit terms. The company’s small size helps it stay agile, but the financial data suggests it's burning through money. There is no auditor mentioned, which is likely exempt as a small company.

Registered in England/Wales under the registration number 03945306, with a registered address at TR4 9DJ, England, Truro, Nanjerrick Court,, Allet.

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