Rst Irrigation Ltd

Rst Irrigation Ltd is a small, active company from Bury St Edmunds, UK, established 49 years ago in 1976. With thirteen employees and £815,059 in assets, it operates from a virtual address – a fact that’s concerning, as twenty-three companies share the same address. The company is run by seven directors, though no owners are officially listed. It’s a regular importer of machinery, boilers, and mechanical appliances, with 60 months of import activity, and an irregular exporter of electrical machinery, with just two months of export activity.

The company’s website highlights its focus on agricultural irrigation solutions. They’re distributors of Perrot Hosereels and Lindsay Europe hosereel irrigators, and manufacture their own pumpsets. They also supply aluminium pipes and fittings compatible with various irrigation couplings. A key offering is the Raindancer system, which allows for remote monitoring and control of irrigation via smartphone or PC. The site emphasizes customer support and expertise, positioning Rst Irrigation as a reliable partner for farmers.

Financially, Rst Irrigation Ltd presents a mixed picture. Current assets increased slightly to £820,000, while net assets grew by a respectable 14% to £1.2 million. However, bank borrowings surged by 2400% to £29,000, and cash reserves fell 28% to £40,000. Trade debtors decreased by 48% to £180,000, suggesting improved collection efforts. Creditors also decreased by 39%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s reliance on a virtual address and the increase in borrowings are points to consider. While the business seems to be doing well with its irrigation solutions, it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 01253668, with a registered address at IP32 7AR, Bury St Edmunds, Suffolk, Eldo House Kempson Way, Suffolk Business Park.

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