Ram Innovations Ltd

Ram Innovations Ltd, based in Deeside, UK, is a small, holding company with an active status. Founded 14 years ago in May 2011, it employs nine people and holds £384,190 in assets. The company, with two directors and one owner, maintains a real address and boasts a stellar 5.0 Google rating from four reviews. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with just one month of import activity recorded as of September 2023.

The company operates in the other professional, scientific and technical activities n.e.c. industries. Its website is not available for review.

Financially, Ram Innovations Ltd presents a mixed picture. Current assets have increased by 29%, reaching £380,000, while net assets have also risen by 23%, hitting £440,000. Cash reserves have seen a significant boost, increasing by 23% to £150,000. However, bank borrowings have also increased, rising by 2.5% to £10,000. Creditors have decreased by 23%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the increase in bank borrowings warrants attention. The company is exempt from an audit, so the figures are unaudited.

The company’s increase in debt could be due to investment in its import operations or expansion into new markets. It’s worth noting that the company’s equity has decreased slightly, but overall, the financial trends appear positive, suggesting a stable, albeit small, business.

Registered in England/Wales under the registration number 07630754, with a registered address at CH5 2DQ, Deeside, Flintshire, Unit F Pentre Industrial Estate, Chester Road, Pentre.

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