Rh45 Limited

Rh45 Ltd, a holding company based in London, UK, has been active for thirteen years, employing twenty-seven people and holding assets valued at £3,739,179. Despite a strong 5.0 Google rating from four reviews, the company operates from a virtual address shared by 671 other businesses, a bit of a red flag. It’s led by three directors, with Main Dean as the sole owner. The company imports furniture, lighting, and prefabricated buildings, though irregularly, with the last import occurring one month ago.

The company’s website, Rhodium Management, paints a picture of a high-end property advisory and management firm. It specializes in branded residences and luxury developments, working with developers and brands to create and manage properties across London, Dubai, and Athens. The site showcases a portfolio valued at £12 billion, highlighting awards and partnerships with prestigious brands. It’s clear they aren’t just a holding company; they’re actively involved in the luxury property sector, offering consultancy, development, and management services. The site is well-designed and professional, with a focus on showcasing its expertise and client base.

Financially, Rh45 Ltd presents a mixed picture. While net assets increased by a substantial 140% to £820,000, several key metrics indicate potential challenges. Cash reserves have decreased by 31%, sitting at £1,700,000. Trade debtors have surged by 120%, suggesting difficulties in collecting payments, and bank borrowings have increased by a significant 45%. Creditors have also risen, by 83%, indicating increased short-term liabilities. The company’s administrative expenses have increased by 29%, reflecting growing operational costs. The fact that the company is employing more people, with a rise from twenty-seven to thirty, is a positive sign, but it also adds to the expense. There’s no auditor mentioned, which is common for companies of this size, but it does mean the figures are unaudited. Overall, Rh45 Ltd seems to be growing, but it’s also facing increased financial pressures.

Registered in England/Wales under the registration number 07709704, with a registered address at NW1 3ER, United Kingdom, London, Acre House, 11/15 William Road.

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