Roboford Limited

Roboford Ltd from Stockport UK: a small, active company founded 41 years ago, employs 15 people, and holds £4,311,799 in assets. Operating from a virtual address, it’s managed by five directors and owned by Garner Howard Elliot. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 257 months of import activity and 133 months of export activity.

The company’s website, Superior Food Machinery, focuses on supplying specialist food processing and packaging machinery. It operates an e-commerce site, offering a wide range of equipment from brands like Ascoli, Busch, and Robot Coupe. The site highlights its commitment to great value products and high-quality service, catering to businesses across the food industry. It also includes a newsletter signup and social media links.

Financially, Roboford Ltd shows some interesting trends. Current assets remained steady at £4,300,000, while net assets increased by 5.9% to £2,100,000. Cash reserves saw a significant boost, jumping 60% to £2,000,000. However, bank borrowings increased substantially by 2,400% to £100,000, and creditors rose by 1,8% to £430,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

The company’s growth in cash reserves is a positive sign, but the increase in borrowings and creditors suggests it’s relying more on debt financing. The company’s long history and established reputation in the food machinery sector are strengths, but the financial pressures indicate a need for careful management.

Registered in England/Wales under the registration number 01796628, with a registered address at SK4 2HD, Stockport, Cheshire, Riverside House Kings Reach Business Park, Yew Street.

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