Realfoundations Limited

Realfoundations Limited, based in London, UK, is a small, active company established nineteen years ago in 2006. With ten employees and £1,875,748 in assets, it operates from a virtual address shared by 1693 other companies, a detail that raises some questions. The company is led by two directors, but notably, no owners are officially listed. It functions as an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded a while back in May 2017.

The company’s website, Making Real Estate Run Better, suggests a focus on the real estate sector, although it requires Javascript to view—a minor inconvenience for visitors. It’s unclear if the company operates an e-commerce site or provides services directly.

Financially, Realfoundations Limited shows a mixed picture. Current assets have fallen by 29% to £1.9 million, while net assets have dropped by 18% to £1.2 million. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves have fallen 61% to £440,000. Creditors have decreased by 42%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop and negative tax expense are concerning. The company's auditor, Gravita Audit Limited, has reported that the accounts are audited.

The significant increase in other debtors, up 650%, could indicate a shift in payment terms or a build-up of outstanding invoices. The company’s reliance on a virtual address and the lack of listed owners, alongside the fluctuating financials, suggest a business navigating challenges while adapting to market conditions.

Registered in England/Wales under the registration number 05786273, with a registered address at E1W 9US, United Kingdom, London, 2 Leman Street.

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