Rockwood Estates Limited

Rockwood Estates Ltd from London UK: a small, active company founded 28 years ago, employs 18 people, and holds £1,762,428 in assets. The company operates from a virtual address—fifty two other companies are registered at the same location—and is led by three directors and two owners. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with just one month of imports recorded since September 01, 2019.

The company’s website showcases Rockwood Estates NE Ltd, a property letting and sales specialist operating in County Durham and Sunderland. They emphasize a “down to earth” approach and have moved away from a traditional high street office to a more flexible online model, passing those savings onto clients. The website also highlights a "Right to Rent" compliance service, assisting landlords with legal requirements. A newer section promotes online property listings, allowing customers to check availability and enquire directly.

Financially, Rockwood Estates Ltd presents a mixed picture. Current assets have fallen by 7.2% to £1,800,000, while net assets have increased by 4.2% to £3,200,000. Bank borrowings have risen by 3.7% to £150,000, and cash reserves have decreased by 7% to £490,000. Creditors have decreased by 18% to £290,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the accounts are unaudited, as is typical for smaller companies.

Overall, Rockwood Estates Ltd appears to be a stable, albeit small, business navigating the property market. The shift to online operations and the provision of compliance services seem to be key strategies, but the decrease in cash reserves warrants a closer look.

Registered in England/Wales under the registration number 03341196, with a registered address at W3 7DA, London, Savoy House, Savoy Circus.

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