revenueshareRevenue
Capital at risk
12
Est. Months
10.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Est. Monthly repayments
£

RRT UK are specialists in alloy wheel refurbishment. By providing the best customer service and uncompromising stance on quality, RRT UK is looking to become the leading allow wheel refurbishment company in the UK. Apart from their brilliant customer service, RRT UK looks to set new standards in the industry with their bespoke facilities in Bedfordshire.

We strive to define new standards of quality and service in Alloy Wheel Refurbishment, our goal to become the UK's leader.

The UK alloy wheel refurbishment market is mainly served by “Smart” repairers; independent operators or franchisees visiting customers' premises to undertake localised wheel repairs from the back of a mobile workshop.

Generally, these operators provide a service that, at best, offer a temporary repair. It is a quick and easy solution with no warranty provided, with returns which are rarely accepted.

This service is commonly used by car dealers looking for a quick fix on tires of cars they want to get to market quickly. That said, customers are now demanding better quality and service from their suppliers.

They recognise that the only way to differentiate themselves and stay one step ahead of the competition is to provide a superior level of customer service and quality of product, whilst remaining competitive on price.

Who are they?

RRT (UK) Ltd specialise in the provision of alloy wheel refurbishment services to all sectors of the UK automotive industry. Their management team is made up of industry specialists with a combined experience of over 100 years in the UK, European and International wheel and tyre markets.

Their production team are consummate professionals with a pool of expertise that differentiates them from the majority of their competitors, enabling them to provide a truly erudite service. By defining new standards of quality and service in the industry, they hope to go above and beyond customer expectations, with the goal to become the UK's leading alloy wheel refurbishment business.

Location and facilities

RRT UK is located in Leagrave, Bedfordshire, close to junctions 11 and 12 of the M1 motorway. They have two factory units totalling 14,000 sq. ft dedicated to providing customers with a fast turn-round, turnkey service. A considerable investment in bespoke plant planning and machinery places their facilities at the forefront of the European refurbishment industry, providing their customers with uncompromising quality and service. The “dirty” processes of wheel stripping, shot blasting and surface preparation are confined to a single unit, thus reducing any possibility of contamination in the paint and finishing, located in a separate plant.

Their view on quality

RRT UK have grown their business on reputation and a commitment to provide the highest quality product through effective process management and outstanding customer service. They believe that the quality of their workmanship and the service they provide to their customers is the key to the future success of the business. Their facilities are designed and built to meet and exceed all relevant industry-specific regulations or standards. Additionally, they offer a full 12 month warranty on all of their workmanship. They operate a Quality Management System (QMS) that is UKAS Accredited to ISO 9001:2008 standard.

X

Business keeps the raised amount even if target is not met.
Revenueshare - product type
Maximum
£ 50k
Raised
£ 50k
Investors
119
Funded

Where will the funds go?

Growth Funding
£50,000

Key people

TB
Timothy Brewer
Process Director
Adrian King-Scott
Business Development Director
DG
Dominic Gross
Finance Director

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A. Hello, In 2014 we invested heavily in plant and machinery, changing business focus from service to manufactoring. As well as moving to new business premises. The loss is due to capex and labour incurred. Forecasted and recovered in 2015.
Many thanks,

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Business brand

Sedgewick Road, UK

"We strive to define new standards of quality and service in Alloy Wheel Refurbishment, our goal to become the UK's leader."

Business stage
Expansion
Incorporated
7 years, 7 months
Equifax score
36 / 100
Equifax Grading
powered by Equifax
Average score
*Please note that 2016 financials are from management accounts
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Investments like these involve risks including loss of capital. Please see our risk section before making an investment decision