Rivercircle Limited

Rivercircle Ltd from Peterborough, UK, is a small, family-run business with an active status, having been founded 41 years ago in 1983. Employing 38 people, the company holds assets of £1,075,427, but operates from a virtual address where 34 other companies are also registered. With four directors and five owners (though this list may not be exhaustive), Rivercircle Ltd is a long-standing player in the UK manufacturing landscape. They regularly import machinery, boilers, and mechanical appliances, parts, with the last import operation made in October 2022, and irregularly export rubber and rubber products, with the last export made in February 2024.

The company's website details its services as a specialist engineering company, providing complete engineering solutions from small fixtures to large automated lines. They manufacture purpose-built leak test machines, assembly systems, and rubber mould tooling, offering services ranging from design and manufacturing to sub-contract precision machining and tool repair. Their expertise extends to pressure decay leak testing, vision inspection, and even suspension component assembly. The site clearly positions Rivercircle Ltd as a provider of custom engineering solutions, leveraging 3D CADCAM technology and a skilled in-house team.

Financially, Rivercircle Ltd’s recent performance shows a mixed picture. Current assets decreased by 27% to £1,100,000, while net assets remained steady at £820,000. Bank borrowings reduced by 13%, to £66,000, and cash reserves, however, dropped to just £140. Creditors decreased significantly by 27%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned, likely due to the small company exemption, means the figures are unaudited.

While the company’s assets and liabilities remain relatively stable, the decrease in current assets and cash reserves could indicate tighter cash flow. The ongoing success of the rubber mould tooling division, with its high-precision manufacturing and repair services, appears to be a key driver of the business, but the company will need to manage its finances carefully to maintain its position in the market.

Registered in England/Wales under the registration number 01751194, with a registered address at PE2 6LR, Peterborough, 36 Tyndall Court, Commerce Road Lynch Wood.

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