R&r Asset Management Limited

Randr Asset Management Ltd, based in Greenford, UK, is a small, active company founded ten years ago in 2014. Employing just four people, it holds assets totaling £5,966,693 and operates from a real address. The company is led by two directors and owned by Ranger Raminder Singh. It’s an irregular importer, primarily dealing in textile products, used clothing, and rags, with just one month of import activity recorded as of February 2022.

The company’s activities are focused on holding companies, suggesting it likely owns or invests in other businesses. It owns four companies: S & J Chiswick Limited, R&r (southall) Ltd, R&r (greenford) Ltd, and R&r (watford) Ltd. The company’s website is not available, so it’s difficult to determine if it has a direct-to-consumer presence or operates solely through its subsidiaries.

Financially, Randr Asset Management Ltd presents a mixed picture. Accumulated depreciation has increased by 85%, which could indicate increased investment in assets, but also potentially reduced asset values. Amounts owed to related parties have decreased significantly by 150%, suggesting a shift in financial relationships. The number of employees has halved, dropping from four to two—a notable reduction in workforce. Cash reserves have plummeted by 85%, leaving just £370,000 remaining. Creditors have decreased by 48%, which is a positive sign of improved debt management. Trade debtors have increased by 130%, which could be a sign of increased sales, but also a potential risk of uncollected payments.

The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash and the reduction in staff raise concerns. With no auditor mentioned, the financial data relies on unaudited statements. Overall, Randr Asset Management Ltd appears to be navigating a period of financial adjustment, with its future success likely dependent on the performance of its subsidiaries and its ability to manage its financial resources effectively.

Registered in England/Wales under the registration number 09101090, with a registered address at UB6 8UH, Greenford, Middlesex, Sun House, 428 Long Drive.

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