Ruthin Precast Concrete Limited

Ruthin Precast Concrete Ltd, based in Ruthin, UK, is a small, active company established 29 years ago. With 47 employees and £6,277,090 in assets, it’s a significant player in its local area. The company, which has a real address and is managed by three directors and one owner, boasts a stellar 5.0 Google rating based on 37 reviews. It’s an irregular importer, primarily bringing in electrical machinery and equipment, with the last import occurring two months ago.

The company’s website reveals two distinct operations: RPC Contracts and RPC Paving. RPC Contracts focuses on paving solutions, while RPC Paving offers a broader range of services. Both divisions appear to be active, suggesting a diversified business model. The company operates in the manufacture of other articles of concrete, plaster and cement industries.

Financially, Ruthin Precast Concrete Ltd shows some concerning trends. While current assets remained relatively stable at £6,300,000, cash reserves experienced a significant drop of 50%, falling to £1,300,000. Bank borrowings increased by 2,400%, reaching £29,000, and creditors rose 11%, reaching £930,000. On a positive note, trade debtors decreased by 14%, suggesting improved collection efficiency. 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 for flexibility, but the decline in cash reserves warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited.

Overall, Ruthin Precast Concrete Ltd appears to be navigating a period of change. While its diverse operations and strong Google rating suggest a solid foundation, the financial data indicates a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 03150813, with a registered address at LL15 2UG, Ruthin, Denbighshire, Ruthin Precast Concrete Ltd, Quarryfields, Rhewl.

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