Riverside Gravure Ltd

Riverside Gravure Ltd, based in Deeside, UK, is a small, active company established seventeen years ago. With twenty-four employees and £1,053,192 in assets, it’s a well-established player in its field. The business, owned by Hughes Michael Elias and overseen by five directors, operates from a real address and boasts a solid reputation. Regular imports of machinery, boilers, and mechanical appliances parts have been recorded for seven months, while exports of the same items span eleven months.

The company specializes in cylinder engraving, catering to the gravure, decorative, and embossing markets. Its website highlights expertise in producing print and specialist coating cylinders, ranging from security print to deep tin can applications. They offer services for the decorative wallpaper industry, embossing, and even provide unique fingerprint solutions for accuracy and consistency. The company also boasts in-house laser capabilities and supplies cylinders to various markets, including flexible packaging and tobacco. They’re even innovating with resolutions up to 500 lines per cm, enabling microtext and security features.

Financially, Riverside Gravure Ltd shows some concerning trends. Current assets have fallen by 27% to £1,100,000, while net assets have plummeted 25% to £520,000. Bank borrowings have surged by 28% to £840,000, and cash reserves have fallen by 76% to £14,000. Trade debtors have also decreased by 35% to £750,000. Creditors have decreased by 55% to £430,000. The company’s small size (meeting two of three conditions for being small) allows for agility, but the significant drop in equity and cash reserves suggests it's burning through money. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s website doesn’t mention an auditor.

Registered in England/Wales under the registration number 06503591, with a registered address at CH5 2LA, Deeside, Flintshire, Unit 58 Third Avenue, Deeside Industrial Park.

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