Rotagrip Limited

Rotagrip Ltd from Birmingham UK: small company, active status, founded 47 years ago, 5 employees, £635,677 assets, real address, 1 director, 2 owners, google rating 4.0 based on 17 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (8 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (5 months exported). It’s a small, established business operating in the manufacture of tools industries, boasting a solid 4.0-star Google rating from 17 reviews. Founded in 1977, the company has been around for nearly half a century and employs five people.

The company, located in Hockley, just northwest of Birmingham City Centre, is conveniently situated near major motorway links. Its website details a range of services and products, including lathe accessories, milling accessories, and inspection equipment. It appears to operate primarily as a supplier to the tool manufacturing industry, with a strong emphasis on providing both new and clearance items. The site also highlights a selection of laser engravers, air tapping machines, and micro lathes, suggesting a focus on specialized equipment. While the site doesn's have a full e-commerce system, it does feature a shopping cart and secure shopping section, hinting at a potential move towards online sales.

Financially, Rotagrip Ltd shows a mixed picture. Current assets increased by a modest 3.5% to £640,000, but bank borrowings decreased by 36% to £17,000. Cash reserves have fallen by 38% to £30,000, and trade debtors have decreased by 16%. Creditors have also fallen by 3.8%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble. The decrease in cash reserves and increase in bank borrowings are something to keep an eye on, but the reduction in creditors suggests better debt management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s long-standing presence and positive Google rating suggest a loyal customer base, but the financial data indicates a need to carefully manage expenses and maintain a healthy cash flow.

Registered in England/Wales under the registration number 01345509, with a registered address at B18 5PN, Birmingham, 16 Lodge Road, Hockley.

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