Raymark (london) Limited

Raymark London Ltd from Sutton-In-Ashfield UK is a small, holding company with an active status. Established 28 years ago in 1996, it employs 23 people and holds £321,537 in assets. The company has a real address and is managed by three directors and one owner, boasting a respectable Google rating of 4.0 based on six reviews. It’s a regular importer, specializing in treated or layered fabrics for industrial use, with 8 months of import activity recorded, the latest in January 2025.

The company operates in the finishing of textiles industries. Its website is non-existent, which suggests a business-to-business model focused on wholesale rather than direct consumer sales. This would explain the lack of an online presence.

Financially, Raymark London Ltd presents a mixed picture. Current assets have increased by 76% to £320,000, which is a positive sign. However, net assets have decreased by 50% to £9,300, and retained earnings have fallen by 53%, indicating a potential drain on equity. Bank borrowings have decreased by 33%, and cash reserves have increased by 300% to £160,000, suggesting improved liquidity. Creditors have increased significantly by 65%, which could be due to increased purchasing activity. The company meets two of the three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is likely due to its small size and exemption from audit requirements.

Overall, Raymark London Ltd appears to be facing some financial challenges, with a decline in equity despite increased assets. The company’s focus on importing fabrics for industrial use and its lack of an online presence suggest a niche business model. It's likely that the company is reinvesting profits into its business, which could explain the decrease in equity.

Registered in England/Wales under the registration number 03264822, with a registered address at NG17 3JZ, England, Sutton-In-Ashfield, Nottinghamshire, Unit 4 Brierley Industrial Park Unit 4 Brierley Industrial Park, Stanton Hill.

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