Road Tankers (northern) Limited

RTN Ltd, based in Barnsley, UK, is a large company with an active status, having been established 34 years ago in 1991. Employing 134 people and boasting assets of £12,427,867, it’s a significant player in the road tanker manufacturing industry. The company, which operates as a holding company, has four directors and one owner, and maintains a 4.0 Google rating based on 32 reviews.

RTN Ltd specializes in the manufacture of petroleum and LPG liquid petroleum gas road tankers, serving major oil companies and supermarket petrol retailers. The company’s website highlights its expertise in aluminum tankers, a highly skilled workforce, and advanced welding equipment. It occupies 44,602 sq feet across two sites, with Barrowfield Road serving as the primary fabrication and service hub. The company is a regular importer of aluminum and aluminum products, having imported for 47 months, and exports vehicles, parts, and accessories for 3 months.

Financially, RTN Ltd’s recent performance presents a mixed picture. While turnover increased by 35% to £25 million, net assets decreased by 7.1% to £2.8 million. Bank borrowings increased by 4.1% to £3.1 million, and cash reserves fell by 100% to a mere £110. Creditors, however, decreased by 21%, suggesting improved debt management. The company's large size (meeting two of three criteria for a large company) and the lack of an auditor (likely exempt due to size) mean the figures are unaudited.

The increase in turnover is encouraging, but the decline in net assets and cash reserves warrants attention. It's possible the company has invested heavily in new equipment or expansion, which could explain the short-term financial strain. The continued success of its blue-chip customer base and the ongoing demand for road tankers will be crucial for RTN Ltd’s long-term stability.

Registered in England/Wales under the registration number 02589669, with a registered address at S9 1RT, Sheffield, South Yorkshire, Templeborough Depot, Sheffield Road.

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