R.p. Panels Limited

R.P. Panels Limited, based in Hoddesdon, UK, is a small, active company with a long history, having been founded 45 years ago in 1980. The company, which has a real registered address, employs nine people and holds assets totaling £1,725,531. It’s led by three directors and owned by one individual. Google reviews are stellar, boasting a 5.0 rating from twelve customers.

The company specializes in timber and board sales, serving the trade for over four decades. Its website highlights a wide range of products, from timber and panels to decorative laminates and door blanks, catering to both construction and interior design needs. Services include cutting, edging, and bespoke panel creation, indicating a focus on customer convenience and specialized solutions. The company also operates an e-commerce site, which is easy to navigate.

Financially, R.P. Panels Limited shows a mixed picture. Current assets increased by 10% to £1,700,000, while net losses deepened to -£12,000. Cash reserves fell 5.2% to £1,000,000, and trade debtors increased by 33% to £380,000. Creditors also rose by 29% to £590,000. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, R.P. Panels Limited appears to be a well-established business navigating the challenges of a competitive market. The increase in trade debtors suggests a possible need to review credit terms, but the solid asset base and positive customer reviews indicate a foundation for continued success.

Registered in England/Wales under the registration number 01492450, with a registered address at EN11 0BZ, Hoddesdon, Hertfordshire, Unit 3 New England Estate, Pindar Road.

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