Rubber Road Ltd

Rubber Road Ltd, based in Welwyn Garden City, UK, is a large, active company founded twelve years ago. Employing forty-seven people and boasting assets of £8,354,957, the company generated a yearly revenue of £10,882,340. With a real address and four directors alongside two owners, it maintains a respectable Google rating of 4.0 based on five reviews. The company is a regular importer and exporter of toys, games, and sports equipment, having imported for 170 months and exported for 103 months.

Beyond its core business, Rubber Road Ltd owns a company called Sinnesloschen Inc. Ltd. and operates in the ready-made interactive leisure and entertainment software development industries. The company's website is not available for review.

Financially, Rubber Road Ltd shows a mixed picture. While current assets increased by a significant 30% to £8,400,000, net assets grew by a modest 1.6% to £4,000,000. Bank borrowings, however, decreased by 41% to £220,000, and cash reserves declined by 72% to £81,000. Creditors increased by 58% to £4,700,000, suggesting a greater reliance on external financing. Turnover increased by a healthy 9.8% to £11,000,000, but net profit plummeted by 96% to a mere £28,000. The company meets the criteria for a large company, having met two of three conditions: turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of an auditor is likely due to its status as a small company.

These trends could indicate a period of investment or expansion, with increased borrowing and higher creditors potentially fueling growth. However, the sharp decline in profit and cash reserves warrants closer scrutiny. The company's management team, comprised of Lake Frank, Mizen Karl, Precious Matthew Martin, and Grant Benjamin Alun, will need to address these challenges to ensure long-term financial health.

Registered in England/Wales under the registration number 08233870, with a registered address at AL7 2AD, England, Welwyn Garden City, Attimore Barn, Ridgeway.

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