Rasum Ltd

Rasum Ltd from Ashford UK: small company, active status, founded 2 years ago, £467 assets, real address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, led by Naveed Sumbal as both director and owner, operates in the retail sector, specifically selling via mail order and online.

The company’s website, Rassams Creamery, showcases a network of dessert shops and franchises across the UK, from Wakefield to Nottingham. It’s a full-fledged business with a focus on artisan desserts, takeaway options, and even birthday celebrations. The site’s emphasis on fresh produce, trained staff, and a "sweet talk" brand identity suggests a commitment to customer experience. They even offer franchise opportunities and a gift-to-dine voucher program.

Financially, Rasum Ltd presents a picture of a company struggling to get off the ground. Current assets are a meager £467, and net assets sit at a negative £2,800. Cash reserves are just £7, and bank borrowings are a substantial £3,400. While creditors remain steady at £3,900, the negative equity and low cash position indicate a reliance on loans and potentially tight margins. The company’s small size and solo founder status contribute to its agility, but the financial pressures are evident. With no auditor mentioned, the accounts are unaudited, relying on director-reported data. It seems like they are burning through money, but the business is still active and expanding its locations.

Registered in England/Wales under the registration number 14384290, with a registered address at TN23 5ES, England, Ashford, 36 Adisham Gardens, Stanhope.

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