Reyam Ltd

Reyam Ltd from Cheltenham, UK, is a small holding company with an active status, established thirteen years ago in May 2011. Employing just five people, the company holds £710,619 in assets, but operates from a virtual address – thirteen companies are registered at the same location, which is a bit unusual. Two directors and one owner manage the business, which is a irregular importer and exporter of machinery, boilers, and mechanical appliances, parts.

The company’s core business revolves around the supply and restoration of silos, tanks, and vessels, as highlighted on its website. Reyam Ltd positions itself as the number one specialist in new and preowned silos, offering a range of services from new silo supply and engineering to spares, repairs, and even relocation. The website details a wide array of products, including blenders, hoppers, and specialized vessels for industries like brewing, dairy, fruit juice processing, and pharmaceuticals. It also offers engineering services, component purchase support, and design advisory.

Financially, Reyam Ltd’s recent performance presents a mixed picture. Current assets have fallen significantly, dropping by 45% to £710,000. Trade debtors have also decreased dramatically, falling by 67% to £230,000. However, bank borrowings have increased, and cash reserves have declined by 13% to £380,000. Creditors have also fallen by a considerable 63% to £410,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in net assets and cash reserves suggests potential financial pressures. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s website indicates a focus on high-value engineering and specialized services, suggesting a business model that relies on expertise and custom solutions rather than high-volume sales. The sharp decline in assets, however, warrants further investigation to understand the underlying causes and ensure the company’s long-term financial health.

Registered in England/Wales under the registration number 07636944, with a registered address at GL51 6TQ, United Kingdom, Cheltenham, Gloucestershire, Midway House Herrick Way, Staverton.

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