R.w.simon Limited

Rw Simon Ltd, based in Great Torrington, UK, is a well-established company with a long history, having been founded 66 years ago in 1958. As a large company, employing 147 people, it boasts impressive assets of £5,738,845 and a yearly revenue of £11,927,630. It’s an active business with six directors, though no owners are officially listed. The company holds a perfect 5.0 Google rating based on seven reviews.

The company specializes in ventilation and air management systems, primarily for the glazing and construction industries. Its website showcases a range of products, including trickle ventilators, solar shading systems, and louvre panels. It seems they operate both as a manufacturer and supplier, offering design, installation, and supply-only options. They also have a dedicated section for case studies, highlighting successful projects.

Financially, Rw Simon Ltd presents a mixed picture. While cash and bank balances increased by a substantial 39%, reaching £1.4 million, current assets declined by 8.8% to £5.7 million. Debtor values have fallen by 26%, suggesting improved collection rates, but administrative expenses increased by 3.6%. The company’s net assets have grown by a healthy 12% to £5.5 million. The company’s auditor, Sumer Auditco Ltd, has reported that the financial statements give a true and fair view. It's worth noting that the company’s deferred tax increased by 79%, and bank borrowings increased by 1600%, which may be a sign of increased investment or expansion. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 00615240, with a registered address at EX38 7HP, Gt Torrington, System Works, Hatchmoor Ind Est.

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