Glan Rhymni Ltd

Glan Rhymni Ltd from Cardiff UK: a small, active company founded five years ago, employs two people, and holds £187,985 in assets. It's a solo-founded operation with one director and owner, and operates from a real address. The company is an irregular importer, primarily bringing in vehicles, parts, and accessories – though just for two months of import activity, the last being in February 2024.

The company's website reveals a broader scope of operations. Allen Harris, as it's known, is an estate agency offering a wide range of services: selling and letting properties, mortgages, conveyancing, insurance, and even land auctions. It boasts over 40 offices across Bristol, Wiltshire, Oxfordshire, Somerset, South Wales, and Central Scotland, and even has a presence in the online space. The website is quite extensive, with detailed search functionality, property listings, and a blog. It seems to be a well-established business, catering to both residential and commercial clients.

Financially, Glan Rhymni Ltd presents a mixed picture. While current assets increased by 22% to £190,000, net assets actually decreased by 4%, settling at £4,100. Bank borrowings decreased by 14%, reaching £33,000, and cash reserves fell 32% to £18,000. Creditors increased by 23%, reaching £170,000, and trade debtors increased by 34%, reaching £1,600. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. However, the decrease in net assets and increase in creditors suggest a need for careful financial management. No auditor is mentioned, which is typical for a small, exempt company. The increase in employees from two to four is also notable, which may be contributing to the increase in creditors.

Registered in England/Wales under the registration number 12045558, with a registered address at CF3 2EH, United Kingdom, Cardiff, Old Army Camp Mardy Road, Rumney.

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