Roll Right Ltd

Roll Right Ltd is a small, active company based in Bradford, UK, founded five years ago in 2020. It’s a family business with a single director and two owners, employing five people and holding £129,049 in assets. The company operates from a virtual address, registered at Carlton House, Grammar School Street, which is shared by 127 other companies. Roll Right Ltd is a regular importer, specializing in aluminum and aluminum products, with 14 months of import activity recorded, the latest in April 2024. Its website showcases a business focused on electric garage doors, offering a configurator for customers to build and price their own doors, and highlighting a family-run operation with competitive pricing.

Roll Right Ltd’s core business revolves around the supply and installation of electric garage doors, with a focus on roller, sectional, and insulated models. The website also mentions a location in Market Weighton, York, and boasts a perfect 5.0 Google rating from 12 reviews. It’s clear that the company is targeting homeowners and commercial customers seeking reliable and stylish garage door solutions. The website's content is well-written and includes blog posts about garage door maintenance and choosing the right door, demonstrating a commitment to customer education.

Financially, Roll Right Ltd presents a mixed picture. While cash reserves increased by 130% to £7,800, current assets declined by 28% to £130,000. Bank borrowings have increased significantly, with an overdraft rising by 290% to £4,600, and non-financial instruments increasing by 14%. Creditors also increased by 30%, reaching £170,000, while debtors decreased by 34%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decrease in equity, plummeting 1200% to -£66,000, is a cause for concern. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

In conclusion, Roll Right Ltd seems to be facing some financial headwinds despite its active business and positive customer reviews. The increase in borrowings and the substantial drop in equity suggest that the company is burning through money, and it’s important to monitor its financial performance closely. The company’s success will likely depend on its ability to manage its costs, maintain its customer satisfaction, and adapt to changing market conditions.

Registered in England/Wales under the registration number 12460000, with a registered address at BD1 4NS, United Kingdom, Bradford, West Yorkshire, Carlton House, Grammar School Street.

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