Road Rail Plant Ltd

Road Rail Plant Ltd, based in Sittingbourne, UK, is a small, active company established seven years ago. Employing ten people and holding £188,512 in assets, it operates from a real address and is managed by two directors and one owner. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with a recent import recorded in December 2023.

The company’s website highlights its core services: plant hire, maintenance, and repair. Road Rail Plant Ltd offers inspection, maintenance, and repair services, alongside a range of plant and attachment sales and hire. It boasts a growing hire fleet, including flails, grabs, and breakers, and emphasizes partnerships with industry leaders. The website also showcases impressive numbers: 86 projects completed, 100 happy clients, and 1,200 miles of road and track worked on. They even have a showroom in Harrods, London.

Financially, Road Rail Plant Ltd presents a mixed picture. Accumulated depreciation has increased by 33%, indicating investment in equipment, but cash reserves have fallen by a significant 69% to £26,000. Bank borrowings have decreased by 23%, which is positive, but creditors have risen by 30%, suggesting increased short-term liabilities. Current assets have also dropped considerably, by 45%, to £190,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity is concerning. The company is not audited, and the figures are unaudited.

The company’s focus on maintenance and repair, coupled with its plant hire services, suggests a business geared towards supporting infrastructure projects. However, the financial trends indicate a need for careful management of cash flow and debt. It seems they are holding steady but facing pressures.

Registered in England/Wales under the registration number 10843143, with a registered address at ME10 2PG, England, Sittingbourne, Kent, Unit M2, Tribune Drive.

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