Rotex Europe Ltd

Rotex Europe Ltd, based in Chester, UK, is a holding company with an active status, established 23 years ago. Employing 43 people and holding assets of £22,575,668, the company operates from a virtual address, registered with 23 other companies at the same location, which is a bit unusual. Four directors and one owner oversee the business, which boasts a perfect 5.0 Google rating based on 16 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with a substantial 406 months of import activity and 333 months of export activity recorded.

Rotex Europe Ltd’s core business involves the manufacture of other special-purpose machinery n.e.c. industries. While no website is available to analyze, the company's activities suggest a B2B focus rather than e-commerce.

Financially, Rotex Europe Ltd shows a mixed picture. Current assets decreased by 6%, dropping to £23,000,000, while net assets increased by 56%, reaching £19,000,000. Bank borrowings decreased by 100%, eliminating all debt, and cash reserves increased by 18%, reaching £15,000,000. Creditors decreased by 43%, suggesting improved debt management. The company’s turnover is likely substantial, though specific figures aren’t available. The decrease in net losses from £4,900,000 to £1,800,000 is a positive sign. However, the increase in deferred tax liabilities could indicate a change in accounting practices or tax planning strategies. 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 sharp equity drop raises questions. The company is audited by Hurst Accountants Limited.

The company’s consistent import and export activity, coupled with its strong Google rating, suggests a stable and reliable operation. However, the virtual address and the changes in financial figures warrant further investigation.

Registered in England/Wales under the registration number 04307924, with a registered address at CH1 2BQ, England, Chester, C/O Dtm Legal Llp, Knights Court, Weaver Street.

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