Rockfort Engineering Limited

Rockfort Engineering Ltd from Inverness UK: a small holding company with an active status, was founded 11 years ago. It employs seven people and holds £401,439 in assets, operating from a real address. The company is overseen by three directors and has one owner. It’s an irregular importer of electrical machinery and equipment, with just two months of imports recorded over the last two years.

The company operates in the other engineering activities industries. Its website is currently unavailable, so it’s difficult to determine if it’s involved in e-commerce or other online activities.

Financially, Rockfort Engineering Ltd presents a mixed picture. Current assets have decreased by 33%, dropping to £400,000, while net assets have fallen by 36% to £340,000. Bank borrowings have increased, with a rise of 2.6% in current instruments. Cash reserves have also decreased by 43%, down to £150,000. However, creditors have decreased by 10%, suggesting improved debt management. The company meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – and is therefore exempt from an audit.

The company’s financial data also reveals some interesting trends. Accrued liabilities have decreased slightly, while the accumulated depreciation on computer equipment has seen a significant drop of 57%. This could be due to a number of factors, such as the sale of old equipment or a change in depreciation policy. It’s also worth noting that the number of employees has increased by 29%, which could be a sign of growth, but it could also be a sign of increased costs. The company's financial statements are unaudited, and the figures rely on director-reported data.

Overall, Rockfort Engineering Ltd appears to be facing some financial challenges, but it is also showing signs of potential growth. The company’s small size and agility could help it weather the storm, but it will need to carefully manage its finances and adapt to changing market conditions.

Registered in Scotland under the registration number SC460884, with a registered address at IV2 3BW, United Kingdom, Inverness, Marr House, Beechwood Business Park.

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