Runflat International Limited

Runflat International Ltd, based in Cradley Heath, UK, is a small holding company with an active status, celebrating 23 years since its founding. The company employs four people and holds assets totaling £7,673,905. It operates from a real address and is overseen by four directors and a single owner. Regularly importing and exporting vehicles, parts, and accessories (excluding trains and trams) for 79 and 212 months respectively, the company's core business revolves around specialized vehicle protection.

The company's website reveals a focus on RunFlat systems and reinforced wheels, primarily for military vehicles and applications. It boasts testing and approval from defense ministries across the globe, positioning itself as a leading supplier in the defense and security sector. They offer a complete range of wheels and systems, designed to allow vehicles to continue driving safely even with deflated tires—a critical advantage in challenging environments. The website also details various products, including dynamic and static RunFlat systems, beadlock systems, and military wheels, catering to diverse vehicle types and applications. They even offer tyre studding for enhanced handling in icy conditions.

Financially, Runflat International Ltd presents a mixed picture. While cash reserves increased by a substantial 38% to £4.8 million, net assets grew by 33% to £4.4 million. However, trade debtors have significantly risen by 310% to £2.1 million, potentially indicating challenges in collecting payments. Director remuneration has doubled to £300,000, which could reflect increased workload or compensation adjustments. Creditors have also increased significantly, jumping 160% to £2.7 million, which may be linked to the higher levels of trade debtors. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debt warrants close monitoring. The financial statements were audited by Walker Hubble, and the report was signed on May 21st, 2024.

Registered in England/Wales under the registration number 04222434, with a registered address at B64 5QY, United Kingdom, Cradley Heath, West Midlands, C/O Westley Plastics Ltd, Gawne Lane.

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