Rototek Limited

Rototek Limited, based in Newark, UK, is a well-established rotational moulding expert with a 14-year history. The company, a holding entity with 136 employees, boasts impressive assets of £4,594,295 and a yearly revenue of £11,888,365. With four directors and one owner, Rototek maintains a perfect 5.0 Google rating from a single review, demonstrating a commitment to quality. The company regularly imports machinery, boilers, and mechanical appliances, while also exporting plastics and plastic products.

Rototek’s website highlights its position as a leading European expert in rotational moulding, serving diverse industrial needs. The company manufactures over 100,000 products annually, ranging from small containers to large-scale mouldings, utilising an extensive fleet of over twenty machines. The website details various services, including design, material selection, tooling, and sustainability initiatives.

Financially, Rototek Limited presents a mixed picture. While turnover remains strong, at £12 million, net assets have decreased by 16% to £4.8 million. Cash reserves have fallen by a substantial 30% to £740,000, and bank borrowings have increased significantly by 510%. Creditors have also decreased by 14%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover over £36 million and balance sheet over £18 million, but with fewer than 250 employees. The accounts are unaudited, as is typical for companies of this size.

The sharp decline in cash reserves and increase in borrowings could indicate increased investment in production or a slowdown in customer payments. The company’s continued focus on high-volume manufacturing and diverse product offerings suggests a strategy of resilience in a competitive market. It's likely that the company is facing challenges, but its established reputation and technical expertise position it for continued success.

Registered in England/Wales under the registration number 07454710, with a registered address at NG23 7DX, England, Newark, Gusto House Green Way, Collingham.

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