Roadcraft Uk Limited

Roadcraft Uk Ltd from Chichester UK: a small, active company founded 39 years ago, employs three people, and holds £269,134 in assets. It operates from a virtual address, managed by two directors and two owners, and is a family business. Regular importer of vehicles, parts, and accessories (not for trains or trams) for 58 months, and a more recent exporter for 6 months.

The company's website reveals Roadcraft Crane Plant Hire Ltd, providing specialist lifting services throughout the North West and Cheshire since 1920. They offer crane hire, specialist lifts, and contract lifts, catering to industries like shipbuilding, petrochemical, utilities, and green energy. The site emphasizes safety, expertise, and reliability, with registered CITB accreditations for operators. It's a long-established company with a wide range of all-terrain cranes and associated lifting equipment.

Financially, Roadcraft Uk Ltd presents a mixed picture. Cash bank on hand increased by 14% to £140,000, which is good news. However, net assets grew by 25% to £140,000, but current assets only increased by 2%, to £270,000. Trade debtors decreased significantly, by 63%, to £11,000, which could indicate better collection practices, or perhaps a reduction in sales. Creditors also decreased by 10%, to £59,000. Bank borrowings increased by 2400%, to £29,000, which is concerning. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings suggests it may be relying on external financing. No auditor is mentioned, likely due to its small size and exemption from an audit.

The company's focus on crane hire and lifting services, coupled with its long history, suggests a stable business. However, the financial data indicates a need to carefully manage debt and maintain a healthy cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 01945003, with a registered address at PO20 7EQ, Chichester, West Sussex, Appledram Barns, Birdham Road.

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