Rle Futuremotiv Limited

Rle Futuremotiv Ltd from Stansted UK is a small holding company with an active status, established seven years ago. Employing 51 people and holding assets valued at £3,128,780, it operates from a real address and is overseen by four directors and one owner. The company regularly imports and exports electrical machinery and equipment, with 7 months of import activity and 4 months of export activity recorded.

The company's website, while not providing detailed e-commerce information, suggests a focus on engineering services, potentially supporting vehicle programs. It’s unclear if the company operates an e-commerce platform directly, but its activities seem geared towards business-to-business (B2B) operations rather than direct consumer sales.

Financially, Rle Futuremotiv Ltd presents a mixed picture. While net assets increased by a substantial 140%, reaching £1.2 million, several key indicators raise concerns. Current assets have decreased by 7.1% to £3.1 million, and bank borrowings have surged by 2,400% to £29,000. Trade debtors have also ballooned by 890%, suggesting potential issues with customer payments. Cash reserves have fallen 36% to £620. Creditors, however, decreased by 32%, which could indicate improved debt management. The company meets two of the three criteria to be considered a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). With no auditor mentioned, the financial statements are unaudited.

The significant increase in bank borrowings and the rise in trade debtors, coupled with the decline in cash reserves, suggest the company may be burning through cash to fuel growth or facing challenges in collecting payments. The increase in net assets, however, indicates that the company’s equity position has strengthened, which could provide a buffer against these challenges. The company’s small size allows for agility, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 11130721, with a registered address at CM24 8PL, United Kingdom, Stansted, Essex, Insight House Riverside Business Park, Stoney Common Road.

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