Roadgrip Ltd

Roadgrip Ltd, based in Leighton Buzzard, UK, is a 29-year-old holding company with an active status. Employing 79 people and boasting £6,646,901 in assets, the family-owned business operates from a virtual address shared by seventy other companies—a bit of an oddity. Six directors and two owners (Morley Andrew Toby and Morley Nicholas Stephen) steer the ship, which has a respectable 4.0-star Google rating from eight reviews.

The company specializes in line marking, removal, surfacing, and other related services, catering to a global clientele. Their website highlights expertise in road marking for airports, car parks, racing circuits, and retail spaces. They’re regular importers and exporters of machinery, boilers, and mechanical appliances, with recent activity recorded as of September 1st, 2024. They even own several companies: Rrr Pavement Solutions (r3) Ltd, Sge Holdings Limited, and Specialist Ground Engineering Limited.

Financially, Roadgrip Ltd shows some interesting trends. Accrued liabilities decreased by 18%, which is good, but deferred tax liabilities increased by 23%. Cash bank on hand plummeted by a significant 58% to £910,000, which is a concern. Trade debtors increased substantially by 82%, which might indicate issues with customer payments. Despite these challenges, creditors decreased by 18%, suggesting improved debt management. The company’s net assets increased by 15% to £7.2 million, which is a positive sign. No auditor is mentioned, which is likely due to the company's size.

Overall, Roadgrip Ltd appears to be a well-established player in its niche, but the decline in cash reserves warrants attention. The company’s diverse range of services and global reach provide a solid foundation, but managing cash flow will be key to its continued success.

Registered in England/Wales under the registration number 03125314, with a registered address at LU7 4WG, England, Leighton Buzzard, C/O Roberts Accountancy & Tax Ltd, 11 Chartmoor Road.

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