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RACK SYSTEMS (ENGINEERING) LTD. Active

Metal Accessories & Components


Contact information


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Financial statements of RACK SYSTEMS (ENGINEERING) LTD.

According to RACK SYSTEMS (ENGINEERING) LTD. latest financial report submitted on 2023-12-31, the company has a Turnover of £18M, Gross-Profit of £6M while the Cash is £6M. Compared with the previous year, the company reported a Turnover increase of 53.28%, which is an equivalent of -9608708. At the same time, the Gross-Profit went up by 54.3%, or by -3492050.


Year:
2022 Not available
2021 Not available
2020 Not available
2019 Not available

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  • Reporting period

    12

  • Consolidated A/cs

    N

  • Profit after Tax

    £ 1.8 million

  • Working Capital

    £ 6.5 million

Cost of Sales

RACK SYSTEMS (ENGINEERING) LTD. Business Credit Report

A Business Credit Report for RACK SYSTEMS (ENGINEERING) LTD. is available for instant download. The report will provide you with a credit score and credit limit recommendation for RACK SYSTEMS (ENGINEERING) LTD., payment trends, if the company pays their Invoices on time, whether or not the company has any court judgements, ownership and group structure, up to 5 years of financial statements and much more. When you buy a Credit Report from Global Database, you will also have a 7 days free trial to our B2B Sales Platform.


Overall Credit Risk for

RACK SYSTEMS (ENGINEERING) LTD.

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Key features

  • Credit Score and Credit Limit
  • Financial accounts for the past 5 years
  • Credit Officers
  • Document Filing history
  • Corporate Ownership
  • Outstanding & Satisfied Mortgages
  • Shareholder Information
  • Company Identity

RACK SYSTEMS (ENGINEERING) LTD. Directors and key executives

RACK SYSTEMS (ENGINEERING) LTD. currently employs 107 people. Compared with the previous year, the company has reported a staff increase of 10%, which is an equivalent of 10 employees.
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Total Employee Count

Total employees

107

110%

1y growth

91%

2y growth

Management Level


44

Middle

44

Operational

Employee Job Title Email Phone Country
Andrew Page Sales Manager
******@racksystems.co.uk
+447730****** GB
Richard Field managing director
*******@racksystems.co.uk
- GB
Simon Brewster Craftsman
*****@racksystems.co.uk
+447534****** GB
Louise Campbell Company Secretary
*******@racksystems.co.uk
- GB
Crawford Gamble Factory Manager
********@racksystems.co.uk
- GB

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RACK SYSTEMS (ENGINEERING) LTD. Ownership and Group Structure


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RACK SYSTEMS (ENGINEERING) LTD. Shareholders and Ultimate Beneficial Owners (UBO)

There are currently 5 people with significant control at RACK SYSTEMS (ENGINEERING) LTD.. One of of major shareholders of RACK SYSTEMS (ENGINEERING) LTD. is R. FIELD, which owns 6912 ORDINARY shares, with a total value of 6,912 GBP and MATTHEW HUTCHINSON, which owns 1250 ORDINARY shares, with a total value of 1,250 GBP and RICHARD FIELD, which owns 662 PREFERENCE shares, with a total value of 662 GBP and ADAM CAMPBELL, which owns 1250 PREFERENCE shares, with a total value of 1,250 GBP and MATTHEW HUTCHINSON, which owns 1250 PREFERENCE shares, with a total value of 1,250 GBP.


Name Quantity Share Type Value
R. FIELD
6912 ORDINARY 6912 GBP
MATTHEW HUTCHINSON
1250 ORDINARY 1250 GBP
RICHARD FIELD
662 PREFERENCE 662 GBP
ADAM CAMPBELL
1250 PREFERENCE 1250 GBP
MATTHEW HUTCHINSON
1250 PREFERENCE 1250 GBP

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RACK SYSTEMS (ENGINEERING) LTD. competitors:

Top 5 similar companies of RACK SYSTEMS (ENGINEERING) LTD. are NMB-MINEBEA UK LTD, WASHINGTON METALWORKS LIMITED, FORT VALE ENGINEERING LIMITED, THORLABS LIMITED, MITEK INDUSTRIES LIMITED. View and export all the competitor list of RACK SYSTEMS (ENGINEERING) LTD. by upgrading your account here.


NMB-MINEBEA UK LTD


Revenue
59,096,000.0
Age
38 years
Employees
249
Industry
View Metal Accessories & Components
Website
View http://nmb-mi************

WASHINGTON METALWORKS LIMITED


Revenue
16,715,711.0
Age
40 years
Employees
230
Industry
View Metal Accessories & Components
Website
View http://washington****************

FORT VALE ENGINEERING LIMITED


Revenue
118,406,751.0
Age
58 years
Employees
398
Industry
View Metal Accessories & Components
Website
View https://for**********

THORLABS LIMITED


Revenue
77,631,754.0
Age
21 years
Employees
295
Industry
View Retail
Website
View http://thor*********

MITEK INDUSTRIES LIMITED


Revenue
78,873,000.0
Age
57 years
Employees
221
Industry
View Metal Accessories & Components
Website
View http://mit*********

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RACK SYSTEMS (ENGINEERING) LTD. news & activities:


Turnover

RACK SYSTEMS (ENGINEERING) LTD. has submitted new account statements and has reported a turnover of £18M, a 53.28% decrease year-over-year.

uk.globaldatabase.com

2023-12-31

EBITDA

The RACK SYSTEMS (ENGINEERING) LTD.-based company said the adjusted EBITDA is now £2M, compared with the previous year of 3.0 million.

uk.globaldatabase.com

2023-12-31

Employees

RACK SYSTEMS (ENGINEERING) LTD. number of employees has increased by 10% compared with previous year and now represents a total number of 107.

uk.globaldatabase.com

2023-12-31

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Frequently Asked Questions regarding RACK SYSTEMS (ENGINEERING) LTD.


Where is RACK SYSTEMS (ENGINEERING) LTD. registered office?

RACK SYSTEMS (ENGINEERING) LTD. is located at 1 Wits End Kirkby Mills Industrial Estate, United Kingdom.

How can I contact RACK SYSTEMS (ENGINEERING) LTD.?

You can call RACK SYSTEMS (ENGINEERING) LTD. at the following number +441751******

What is the website of RACK SYSTEMS (ENGINEERING) LTD.?

RACK SYSTEMS (ENGINEERING) LTD. website is http://racksystems.co.uk/

How many people work at RACK SYSTEMS (ENGINEERING) LTD.?

According to the latest account statement, there are currently 107 of employees working for RACK SYSTEMS (ENGINEERING) LTD..

How much revenue does RACK SYSTEMS (ENGINEERING) LTD. make?

Based on the latest financial accounts submitted on 2023-12-31, the company made £18M for 2023, which went up by 53.28%.

What is RACK SYSTEMS (ENGINEERING) LTD. EBITDA?

For 2023, RACK SYSTEMS (ENGINEERING) LTD. has reported an EBITDA of £2M, which went up by 40.53% compared to previous year.

What is the Business Credit Score of RACK SYSTEMS (ENGINEERING) LTD. and how reliable is the company?

In order to check the business credit score of RACK SYSTEMS (ENGINEERING) LTD, you can request a credit report. You will view the latest credit limit information, ownership, group structure, court judgements and much more.

Does RACK SYSTEMS (ENGINEERING) LTD. pay their invoices on time?

By requesting a Business Credit Report for RACK SYSTEMS (ENGINEERING) LTD, you will be able to gain more insights about the RACK SYSTEMS (ENGINEERING) LTD. payment trends.

Who is the Ultimate Parent of the RACK SYSTEMS (ENGINEERING) LTD.?

Information about the ultimate beneficial ownership RACK SYSTEMS (EN*************** of RACK SYSTEMS (ENGINEERING) LTD. is available when you order a business credit report.

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