Rotating Machinery Services (stoke) Ltd.

Rotating Machinery Services Stoke Ltd, based in Stoke-on-Trent, UK, is a small, active company with a 30-year history. Founded in 1995, it employs 11 people and holds £511,886 in assets. With three directors and a single owner, the company maintains a real address and enjoys a solid 4.0 Google rating from just three reviews. They’re an irregular importer and exporter, bringing in machinery parts for about two months of the year and sending them out for a single month, with the last export activity recorded in 2019.

The company operates in the manufacture of other special-purpose machinery, indicating a focus on bespoke engineering solutions. While a website isn't available, this suggests a business-to-business model, relying on direct contact and custom orders rather than online sales.

Financially, Rotating Machinery Services Stoke Ltd presents a mixed picture. Current assets have fallen by 21%, dropping to £400,000, while net assets have also declined by 28%, settling at £270,000. Cash reserves have taken a significant hit, falling 56% to £82,000. Trade debtors have increased by 8.2%, suggesting potential delays in customer payments, and creditors have decreased by 9.7%, which could reflect improved debt management. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, they are exempt from a full audit, so the financial information is unaudited.

The sharp decline in cash reserves and net assets is concerning, indicating that the company may be burning through money faster than it’s generating it. However, the decrease in creditors suggests that they are managing their short-term liabilities effectively. It’s possible that the company is investing in new equipment or expanding its operations, which could explain the temporary cash flow challenges. The lack of mention of an auditor is common for small companies, but it’s worth noting that the financial statements rely solely on director-reported data.

Registered in England/Wales under the registration number 03030585, with a registered address at ST4 4BA, Stoke On Trent, Staffordshire, 126 Fletcher Road, Boothen.

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