Robert Coates (plant Sales) Limited

Robert Coates Plant Sales Ltd, based in Stoke-On-Trent, UK, is a sizable company with an active status, celebrating 27 years in business. Employing ten people and holding assets of £7,775,896, it’s a well-established player in the construction equipment sector. The company boasts a real address and is overseen by two directors and one owner, maintaining a stellar 5.0 Google rating based on fourteen reviews. It regularly exports machinery, boilers, and mechanical appliances—parts, with 41 months of export activity, the last in July 2024. However, its import activity is less frequent, with just two months of importing machinery, boilers, and mechanical appliances—parts, the last in September 2024.

The company's website showcases its role as a supplier of CASE and Manitou equipment, offering new and used machines, parts, and service. It’s clear that Robert Coates Plant Sales Ltd isn’t just a reseller; it’s a full-service provider, with a focus on customer support and technical expertise. The site highlights its history, starting as a commercial vehicle sales business before evolving into a CASE and Manitou main dealer. Recent news items on the site detail demo days and participation in industry events, demonstrating its commitment to engagement and promotion.

Financially, Robert Coates Plant Sales Ltd shows a mixed picture. While net assets increased by 8.3% to £5,500,000, indicating overall growth, several key metrics reveal potential pressures. Cash and cash equivalents fell by 56% to £830,000, and bank borrowings surged by 140% to £34,000. Trade debtors also increased significantly, suggesting a potential issue with customer payments. Despite these challenges, creditors decreased by 18%, which is a positive sign of improved debt management. The company’s size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The absence of a named auditor in the report implies the financial statements are unaudited.

In conclusion, Robert Coates Plant Sales Ltd appears to be a resilient business with a strong reputation, but it’s facing some financial headwinds. The company’s ability to maintain its customer base and adapt to market conditions will be crucial for its continued success.

Registered in England/Wales under the registration number 03489361, with a registered address at ST7 1TW, England, Stoke-On-Trent, Staffordshire, West Avenue, Kidsgrove.

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