Rollrite Ltd

Rollrite Ltd from Manchester UK is a small, active company founded seven years ago. With three employees and £319,034 in assets, it operates from a virtual address – eighty-three other companies share the same location, which is unusual. The company is led by two directors and a single owner, who is also the solo founder. It holds a respectable Google rating of 4.0 based on four reviews. Rollrite Ltd is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import operation occurring one month ago.

The company’s website is not available, so it’s difficult to determine the exact nature of its operations beyond the import activity. However, the company operates in the other transportation support activities industries.

Financially, Rollrite Ltd presents a mixed picture. Cash reserves have significantly decreased by 70%, dropping to just £3,800, while bank borrowings have also reduced, falling by 12% to £11,000. Creditors have increased by 14%, reaching £280,000, and trade debtors have risen by 7.4%, suggesting a possible need to improve cash flow. Despite these challenges, net assets have increased by 59%, reaching £56,000, and current assets have grown by 21%, reaching £320,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in cash is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

It's worth noting that the company’s equity has increased substantially, suggesting a possible injection of capital or improved profitability. However, the increase in creditors and the decrease in cash reserves warrant closer monitoring. The company's director, Harden Laura Samantha, is listed as the sole director, and the company is exempt from an audit.

Registered in England/Wales under the registration number 11069543, with a registered address at M43 6PW, England, Manchester, 272 Manchester Road, Droylsden.

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