Rooff Holdings Limited

Rooff Holdings Ltd from Barking UK is a holding company with an active status, founded six years ago in 2019. It has a real registered address and is comprised of two directors and two owners, operating as a family business with a solo founder. The company maintains a Google rating of 4.0 based on six reviews and regularly imports wood and wood products, with its last import operation made on October 01, 2023.

The company operates in the activities of other holding companies, and owns or manages several businesses including Rooff Construction Ltd, Rooff Ltd, and Rooff Employee Services LLP. It previously operated under the name Horn Property Developments Limited.

According to the latest financial report, Rooff Holdings Ltd holds £1,700,000 in assets. However, net assets have remained relatively stable, showing a slight decrease of -0.72%. Bank borrowings have increased significantly by 82%, reaching £210,000, while cash reserves have fallen by 3.9% to £260,000. Creditors have also increased substantially, rising 88% to £180,000. Trade debtors have seen a 27% increase, reaching £440,000. 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 stay agile, but the increase in creditors raises questions. The company’s auditor is Barnes Roffe LLP.

The financial data suggests a period of growth, with increased trade debtors and borrowings, but also highlights a reliance on external financing. It’s possible that the company is investing in its subsidiaries or expanding its operations, which could explain the increased debt. However, the rise in creditors warrants close monitoring to ensure the company maintains a healthy cash flow.

Registered in England/Wales under the registration number 11928506, with a registered address at IG11 7BT, England, Barking, London, The Granary, 80 Abbey Road.

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