Rewmar Limited

Rewmar Ltd from Rugby UK: a small, active company founded 14 years ago, employs 10 people, and holds £1,479,387 in assets. It’s a family business with four directors and two owners, operating from a real address. The company regularly imports natural and modified starches, glues, and enzymes, with its last import operation made in March 2023.

Rewmar’s website highlights its focus on advanced technology wood flooring adhesive and ancillary products. It’s clear the company operates primarily as a wholesaler, selling its products through a website and dealer network. The site details a range of adhesives, primers, and accessories, catering to flooring contractors. The company even has a blog and FAQ section, suggesting a commitment to customer education and support. There's a focus on environmentally friendly products and flexible solutions, appealing to modern flooring trends.

Financially, Rewmar Ltd presents a mixed picture. Current assets have decreased by 8.8% to £1,500,000, while net assets have fallen by 23% to £560,000. Bank borrowings have increased by 5.5%, reaching £9,900, and cash reserves have dropped 24% to £190,000. Creditors have risen by 6.3%, and trade debtors have decreased by 6.1%. The company’s size—meeting two of three conditions for a small company—allows for agility, but the decline in equity is a concern. Depreciation charges have increased slightly, suggesting investment in equipment, and future minimum lease payments have decreased, which is a positive sign. The company is exempt from an audit, so the financials are unaudited.

Overall, Rewmar Ltd seems to be navigating a period of change. While its core business appears stable, the decline in equity and cash reserves warrants attention. The company’s focus on specialized adhesives and its family-run structure could be strengths, but managing finances will be key to its long-term success.

Registered in England/Wales under the registration number 07465682, with a registered address at CV22 7DG, Rugby, Warwickshire, 51 Somers Road.

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