Rotech Holdings Limited

Rotech Holdings Ltd, based in Aberdeen, UK, is a large holding company with an active status, celebrating 31 years since its founding in 1994. The company holds £2,619,244 in assets and generates £150,000 in yearly revenue. It operates from a real address and is overseen by seven directors and one owner. With a Google rating of 4.0 based on one review, Rotech is a well-regarded entity. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts – 11 months of imports and 15 months of exports respectively.

Rotech Holdings Ltd is a technology-driven group providing products to the oil, gas, energy, renewables, and decommissioning sectors. The company’s website highlights its expertise in subsea excavation and trenching, offering services like RS equipment operation, engineering, and careers. It even sponsors UGRacing, the University of Glasgow's Formula Student Team, showcasing a commitment to innovation and education. The company has a history of working with clients in Taiwan and has even been featured in OGV Magazine.

Financially, Rotech’s picture is mixed. While current assets rose by 5.9% to £2,600,000, net assets increased by a significant 36% to £9,400,000. However, bank borrowings increased by 6.2% to £2,300,000, and cash reserves also rose by 4.5% to £240,000. Creditors decreased by -79%, which is a positive sign. The company’s turnover of £150,000 is a little low compared to its assets, and the company is not audited. It’s likely that the increase in net assets is due to revaluation of assets, rather than increased profitability. The company’s reliance on bank borrowings suggests it’s investing in growth, but it’s important to monitor its debt levels.

Registered in Scotland under the registration number SC148822, with a registered address at AB16 6HQ, Aberdeen, Rotech House, Whitemyres Avenue, Mastrick Industrial Estate.

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