Rti Group Services Limited

Rti Group Services Ltd from Ruislip UK: a small, active company founded five years ago, is currently facing challenges with overdue accounts—four months, to be exact. Employing 35 people, the company holds £1,065,184 in assets and operates from a virtual address, registered at an address shared by 133 other companies. It’s a solo founder operation, managed by one director and one owner, Young Terence. The company regularly imports machinery, boilers, and mechanical appliances; parts, with recent activity recorded six months ago.

The company’s website is minimal, offering little insight beyond its registration details. It appears to focus solely on providing construction services, specifically falling under the category of "other specialised construction activities n.e.c." There's no e-commerce presence or indication of any secondary ventures.

Financially, Rti Group Services Ltd presents a mixed picture. While current assets increased slightly to £1,100,000, net assets also rose to £570,000, a positive sign. However, cash bank on hand dropped significantly by 61%, settling at just £9,800. Creditors decreased by 16%, reaching £670,000, suggesting improved debt management. Trade debtors, however, fell by 30%, which could indicate slower customer payments. Depreciation charges increased by 95%, reflecting increased wear and tear on property, plant, and equipment. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in cash reserves warrants attention. As a small company, it’s exempt from an audit, and the figures are unaudited.

Overall, Rti Group Services Ltd seems to be navigating a period of adjustment. The decline in cash reserves and the increase in depreciation charges suggest potential pressures, but the reduction in creditors and increased net assets offer a glimmer of hope.

Registered in England/Wales under the registration number 12516154, with a registered address at HA4 8NQ, United Kingdom, Ruislip, Pembroke Lodge, 3 Pembroke Road.

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