Roliv Ltd

Roliv Ltd from Stockport UK: a small, active company founded six years ago, employs just one person and holds £132,376 in assets. It operates from a virtual address – where sixty-eight other companies are registered – and is led by a single director and owner, Reynolds Michael Christopher. Roliv Ltd regularly imports machinery, boilers, and mechanical appliances, with parts being imported for the last five months.

The company’s website reveals a focus on the retreading industry, offering technical services, supplying machinery, and providing spare parts, maintenance schedules, and repair services both in the UK and central Europe. They offer new and used machinery and even boast about helping customers "get the job done." The site also features a gallery showcasing their work and a contact form for inquiries. It’s clear that Roliv Ltd is a niche provider within the retreading sector, leveraging online presence to reach potential clients.

Financially, Roliv Ltd shows a mixed picture. Cash bank holdings have increased significantly by 110%, reaching £110,000, which is a good sign. However, trade debtors have decreased by 39%, dropping to £26,000, which could indicate slower payments from customers. Equity has seen a substantial jump, doubling to £28,000, likely due to retained earnings. Creditors have increased by 21%, reaching £110,000, and other taxation and social security payable have also risen by 74%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Roliv Ltd seems to be financially stable, with a growing cash position and increased equity. However, the rise in creditors and social security payable suggests a need for careful management of expenses. The company’s niche focus and online presence seem to be working well, but continued monitoring of financial trends will be important.

Registered in England/Wales under the registration number 11582048, with a registered address at SK1 3TH, United Kingdom, Stockport, Cheshire, 123 Wellington Road South.

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