Refined Precious Metals Limited
- Small
- Active
- 29 years
- 11 employees
- £4,350,023 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- E-commerce
- Rating 5.0 (18)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Refined Precious Metals Ltd, a small, active company based in London, UK, has been refining precious metals for 29 years. Founded in 1996, it employs 11 people and holds assets worth £4,350,023. With two directors and one owner, the company operates an e-commerce site and boasts a stellar 5.0 Google rating from 18 reviews. It’s an irregular importer, having imported art and antiques for just two months, with the last import occurring in 2018.
The company’s website, RPM Gold, focuses on buying gold and other precious metals, offering a simple estimator and postal service for customers. It highlights competitive pricing and a walk-in procedure in Hatton Garden, London, and even has a self-play system for pianos. The site emphasizes speed, reliability, and customer service, with testimonials praising the company's efficiency. RPM Gold offers services like melting, postal gold, and even offers a service for those looking to sell their gold.
Financially, Refined Precious Metals Ltd shows some concerning trends. While current assets increased by 9.6% to £4,400,000, net assets only increased by 2.9% to £1,900,000. Bank borrowings surged by 20% to £2,400,000, and cash reserves fell by 44% to £230,000. Trade debtors increased by 180%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the increase in borrowings and decrease in cash raise questions. The company is exempt from an audit, so the figures are unaudited.
Overall, Refined Precious Metals Ltd appears to be navigating a period of change. While its website and customer reviews paint a picture of a thriving business, the financial data suggests it’s working hard to manage its finances.
Registered in England/Wales under the registration number 03184833, with a registered address at EC1N 8JE, London, 17-21 Hatton Wall.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 5
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
-
Resident of United Kingdom
-
Individual
- 29 years
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-02-28 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-02-29Download 10 pages pdf report
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Confirmation statement made on 2024-02-29 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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