Remass Ltd

Remass Ltd from Edgware UK is a small, active company founded five years ago. With three employees and £362,591 in assets, it operates as an e-commerce site with two directors and a single owner who is also the solo founder. The company’s real address is registered, and it’s been trading for a while.

Remass Ltd’s website showcases a vibrant online fashion retailer, offering a wide range of clothing and accessories. The site is visually appealing, with a focus on vintage and original collections, alongside newer arrivals. It features categories like tops, dresses, bottoms, and accessories, catering to various styles and aesthetics. The website also highlights seasonal collections, sample sales, and collaborations, creating a dynamic and engaging shopping experience. There’s a lot of emphasis on unique finds and curated selections, appealing to fashion-conscious consumers. The site also has a blog and social media presence, further enhancing its brand visibility.

Financially, Remass Ltd presents a mixed picture. While cash bank on hand increased by a significant 110% to £340,000, other key metrics reveal some challenges. Accrued liabilities rose by 100% to £2,400, and net current assets liabilities jumped 230% to £71,000. Profit loss remained unchanged at £91,000. Interestingly, the number of employees has dramatically increased by 200% to nine—a potentially positive sign of growth, but also a factor that could be impacting profitability. Creditors also increased by 86% to £290,000, which could be a cause for concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in liabilities warrants closer attention. As a small company, it’s likely exempt from a formal audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 12551133, with a registered address at HA8 8QB, England, Edgware, 49 Wolmer Gardens.

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