Raym Limited

Raym Limited is a small, active company based in Manchester, UK, founded two years ago in March 2023. It’s a solo founder operation with two directors and one owner, Rehman Noor Abdur, and holds a real registered address. The company operates in the retail sale via mail order houses or via internet industries.

The business is a partner for safe and sustainable mobility, offering a wide range of solutions for clipping, fluid handling, and hitech tubes. Its website showcases an extensive catalog, the ECAT, allowing customers to filter by design, materials, and dimensions. Beyond its core fastening and fluid handling offerings, Raym Limited provides high-voltage routing, cable tube holders, cleaning systems, and temperature sensors. The company also has a pneumatic solutions arm, Airyosa, and heat exchangers. It seems to be doing well in terms of partnerships, boasting 8000 employees and a presence in 25 countries.

Financially, Raym Limited presents a mixed picture. While it meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets currently sit at -£210. This is a significant negative figure, suggesting the company is burning through cash. Bank borrowings are also at £210, and cash on hand is only £4. Creditors are at £210, which is a little concerning. There's no auditor mentioned, which is common for small companies. The accounts are filleted, meaning they’re simplified and unaudited.

It’s possible the company is reinvesting heavily in its business, but the negative equity is something to watch. The focus on partnerships and global presence, however, suggests a strategic approach to growth, even if it’s currently impacting the bottom line.

Registered in England/Wales under the registration number 14755900, with a registered address at M8 8HH, England, Manchester, 26 Premier Road.

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