Rsm Lining Supplies Global Ltd

RSM Lining Supplies Global Ltd, based in Doncaster, UK, is a holding company with an active status, established 17 years ago. Employing 44 people and holding assets valued at £8,919,638, the company operates from a real address and is managed by five directors and a single owner. Its Google rating stands at a respectable 4.0 based on seven reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 199 months of import activity, and exports plastics and plastic products, boasting 284 months of export activity.

The company's website, salesrsmweb.com, positions RSM Lining Supplies as experts in CIPP lining—a trenchless pipe rehabilitation method. They offer training, equipment hire, technical support, and a wide range of products and accessories. The website also highlights partnerships with international distributors, showcasing a global reach. It’s clear the company’s primary focus is serving the CIPP industry, providing solutions for pipe repair and relining.

Financially, RSM Lining Supplies Global Ltd shows a mixed picture. While turnover increased by 10%, profits dipped 5% to £1.2 million. Cash bank on hand surged a remarkable 720% to £1.1 million—a positive sign of improved liquidity. However, bank borrowings increased by 40% to £3.6 million, and trade creditors rose by 13% to £3.5 million, suggesting a need to manage debt. Net assets, however, increased by 37% to £4.1 million. The company’s investments in group undertakings remained steady at £23,000. The fact that the company has taken exemption under Companies Act in not publishing its own profit loss account is notable.

The company's auditor, Xeinadin Audit Limited, has provided an unqualified opinion on the financial statements. The significant increase in cash reserves, while encouraging, may be a temporary boost, and the rising debt levels warrant close monitoring. The company’s continued focus on the CIPP industry and its global partnerships should help sustain its performance, but careful financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 06412005, with a registered address at DN4 8GE, England, Doncaster, South Yorkshire, Unit 2 Connection Business Park Woodfield Way, Balby.

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