Remman Ltd

Remman Ltd, based in Romford, UK, is a small, active company founded seven years ago. With ten employees and £64,454 in assets, it's a solo-founder operation managed by a single director and owner. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent stream of imports over the last three months, with the latest activity recorded in April 2024. It operates within the licensed restaurants industries.

The company’s website, Reeman Dansie, showcases an auction house specializing in fine art, antiques, and collectibles. It's not an e-commerce site in the traditional sense; instead, it functions as a platform for upcoming auctions, lot archives, and valuation services. The site highlights specialist collectors' auctions, departments covering everything from books and carpets to watches and wines, and a calendar of events. It also features a directory of East Anglian artists and a blog with insights into the art market.

Financially, Remman Ltd’s picture is mixed. Current assets increased by 43% to £64,000, but net assets plunged 130% to -£240,000—a significant drop. Bank borrowings decreased by -5.6% to £42,000, and cash reserves grew 67% to £49,000. Creditors increased by 88% to £320,000, a substantial rise. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) helps it remain flexible, but the large equity decline suggests potential financial pressures. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Remman Ltd seems to be navigating a period of change, with a focus on its auction business. The large increase in creditors, however, warrants close monitoring.

Registered in England/Wales under the registration number 11091893, with a registered address at RM1 1RX, Romford, Essex, 100 South Street.

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