Rdm Retail Ltd

Rdm Retail Ltd, based in Swansea, UK, is a small holding company with an active status. Established five years ago in July 2019, it employs 28 people and holds £211,457 in assets. The company operates from a virtual address, registered at The Old Coach House, and is managed by two directors and three owners. It’s a regular importer of clothing and accessories made by knitting or crocheting, with four months of import activity recorded as of May 2024.

The company’s website reveals a broader scope than initially apparent. While Rdm Retail Ltd itself focuses on retail sale of clothing in specialised stores, the website details a much larger entity, Rdm Group, a European leader in packaging board production. The Group emphasizes sustainability, with a focus on recycled fibers and a commitment to cartonboard solutions. It boasts a workforce of 2,300 employees, operates 10 mills and 4 sheeting centers, and even publishes an annual sustainability report. The site highlights innovation in coating recipes, announces mill closures due to market challenges, and celebrates employee achievements in energy efficiency projects.

Financially, Rdm Retail Ltd presents a mixed picture. Cash bank on hand has surged dramatically, increasing by 400% to £32,000. However, net assets have fallen sharply, dropping 88% to -£17,000. Creditors have decreased, which is a positive sign, but trade debtors have vanished completely. The company meets the criteria for a small business, with turnover below £10.2 million, assets below £5.1 million, and fewer than 50 employees. Despite the decline in equity, current assets have increased by 45% to £210,000. The accounts are abridged and unaudited, reflecting the company's small size and exemption from a full audit. The lack of a named auditor is consistent with this status. Overall, Rdm Retail Ltd seems to be navigating a challenging economic climate, while its parent company, Rdm Group, continues to focus on sustainability and innovation in the packaging board industry.

Registered in Wales under the registration number 12086352, with a registered address at SA2 9BX, Wales, Swansea, The Old Coach House 21 Gower Road, Sketty.

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