Riviera Hot Tubs Limited

Riviera Hot Tubs Ltd, based in Newton Abbot, UK, is a small, active company founded eleven years ago in 2013. Employing eleven people and boasting a real address, it's a modest operation led by three directors and one owner. The company regularly imports electrical machinery and equipment – a consistent pattern over the past 51 months, with the latest import occurring in February 2025. It also occasionally exports optical and medical tools, though this activity has been irregular, with just one month of export activity recorded back in December 2018.

The company’s website highlights its specialization in crafting traditional cedarwood barrel hot tubs and saunas, a product line it’s been developing since 2002. They emphasize using only the finest timbers and combining traditional techniques with modern technology, offering products suitable for gardens, spas, or unique spaces. Beyond the core hot tub business, Riviera Hot Tubs also offers a range of accessories, cold water therapy options, and even mosaic-tiled spas and pools. They have a showroom in Kingsteignton, Devon, and even offer a gallery of installations.

Financially, Riviera Hot Tubs Ltd presents a mixed picture. Accumulated amortisation for intangible assets remained consistent, while depreciation on property, plant, and equipment increased by 21%. Bank borrowings rose significantly, jumping 50%, and cash reserves plummeted 73%, leaving just £11,000 available. Creditors also increased, though not as dramatically, rising 2.2%. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the decline in equity – falling 86% to just £9,400 – is a cause for concern. There's no auditor mentioned, which is typical for small companies.

The company’s focus on traditional craftsmanship and unique products suggests a premium market, but the financial data reveals a need to manage cash flow and potentially explore new revenue streams. The fact that they’re still importing electrical equipment alongside their core product line is a little unusual, but it could be a necessary part of their manufacturing process.

Registered in England/Wales under the registration number 08768348, with a registered address at TQ12 6TL, England, Newton Abbot, Unit 9 Wentworth Road, Heathfield Industrial Estate.

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