Ramer Limited

Ramer Limited, based in Honiton, UK, is a small, active company with a rich history, having been founded 76 years ago in 1949. With 20 employees and £533,757 in assets, it’s a long-standing family business led by four directors and a single owner, Lloyd-Smith Paul Anthony. The company operates from a real address on Heath Park Industrial Estate and has been in business for a long time. It’s a solo founder operation. Ramer Limited is known for importing plastics and plastic products irregularly (for one month) and exporting them regularly (for seven months).

The company’s website, Ramer Sponges, reveals its core business: manufacturing and selling sponges in the UK since 1947. The site showcases a wide range of sponges, from luxury options to those designed for beauty, skincare, baby care, and travel. It emphasizes quality, softness, durability, and eco-friendly attributes like being vegan, machine washable, and hypoallergenic. The website even has a section for trade accounts, suggesting a business-to-business component alongside its retail sales. The company's long history is apparent in its branding and the quality of its products.

Financially, Ramer Limited shows a mixed picture. Current assets decreased slightly to £530,000, while bank borrowings were reduced by 8.7% to £98,000. Creditors also decreased by 8.7% to £98,000. However, net assets declined by 6% to £260,000, and cash reserves fell by 11% to £110,000. Trade debtors decreased significantly by 41%, which could be a positive sign of improved collections, or it could mean a slowdown in sales. The company meets two of three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit.

Overall, Ramer Limited appears to be a stable, long-standing business, though the decrease in net assets suggests some financial pressures. The company's focus on high-quality sponges and its established brand position should help it weather any challenges, but keeping a close eye on its cash flow will be important.

Registered in England/Wales under the registration number 00465206, with a registered address at EX14 1SD, Honiton, Devon, Heath Park Industrial Estate, Devonshire Road.

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