Rts Contracts Limited

Rts Contracts Ltd, based in Ayr, UK, is a small holding company with an active status, celebrating 25 years since its founding in 2000. Employing 14 people, the company holds £4,516,996 in assets and operates from a real address shared by only one other business. With three directors and one owner, Rts Contracts Ltd is an irregular importer, having imported electrical machinery and equipment for just two months, with the last import occurring in October 2021. The company operates in the joinery installation industries.

The company's website is not available, so it's difficult to determine if it operates an e-commerce platform.

Financially, Rts Contracts Ltd presents a mixed picture. While current assets increased by 16% to £4,500,000, cash bank on hand dropped significantly by 65% to £39,000. Debtors also rose substantially by 19% to £4,500,000, while creditors increased by 25% to £3,000,000. Net losses deepened, and bank borrowings surged by 45%, reaching £600,000. Despite these challenges, creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company is exempt from an audit.

Registered in Scotland under the registration number SC205745, with a registered address at KA7 2AY, Scotland, Ayr, South Ayrshire, Ellersley House, 30 Miller Road.

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