Rle International Product Development Ltd

Rle International Product Development Ltd, based in Stansted, UK, is a sizable holding company with an active status, celebrating 27 years since its establishment in 1998. Employing 103 people, the company holds assets valued at £5,247,378 and generates an annual revenue of £13,534,880. It boasts a real address, is overseen by four directors and one owner, and enjoys a stellar 5.0 Google rating based on 18 reviews. The company regularly imports electrical machinery and equipment (for four months), and exports vehicles, parts, and accessories (for three months).

The company’s website, while not providing extensive details, suggests a focus on engineering design projects and high-quality people placement services. It seems to operate within the “other engineering activities” industries. The site doesn’t offer e-commerce functionality; instead, it serves as a professional platform showcasing the company’s expertise.

Financially, Rle International Product Development Ltd presents a mixed picture. While turnover remained steady at £14 million, net assets decreased by 10% to £3.8 million. Cash reserves increased significantly by 400% to £600,000, which is a positive sign. However, bank borrowings decreased dramatically by 99% to just £11,000, and trade debtors decreased by 50% to £460,000. Creditors also decreased by 66% to £34,000. The company’s size (meeting two of three criteria for a large company) suggests a stable, established operation. The accounts were audited by Venthams, and the report was signed on September 23, 2024. The decrease in bank borrowings could be due to a reduction in debt or improved cash flow management, while the decrease in trade debtors might indicate a more efficient collection process. The increase in cash reserves is a welcome development, providing the company with greater financial flexibility.

Registered in England/Wales under the registration number 03530918, with a registered address at CM24 8PL, England, Stansted, Essex, Insight House Riverside Business Park, Mountfitchet.

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