Rimadesio Uk Ltd

Rimadesio Uk Ltd, based in London, is a small holding company with an active status, established six years ago in November 2018. The company employs six people and holds assets worth £1,246,822. It has a real address at 85 Wigmore Street, and is managed by three directors and one owner. Rimadesio Uk Ltd regularly imports furniture, lighting, and prefabricated buildings – a consistent pattern over the last twelve months, with the most recent import occurring in November 2024. Export activity is less frequent, with just one month of exports recorded in December 2023, also focused on furniture, lighting, and prefabricated buildings.

The company operates as a retail business, specializing in high-end furniture and interior design elements. Its website showcases a wide range of products, from modular systems and doors to storage solutions and outdoor furniture, all designed with a focus on modern aesthetics and customisation. The site highlights the company’s commitment to innovation, sustainability, and Italian craftsmanship. It’s clear that Rimadesio Uk Ltd serves a discerning clientele seeking premium quality and bespoke design solutions.

Financially, the company’s recent performance shows some interesting trends. Accumulated depreciation on plant and machinery increased significantly by 66%, suggesting investment in equipment. Cash bank on hand, however, saw a substantial jump of 110% to £920,000, which is a positive sign. Creditors also increased by 33%, potentially reflecting increased purchasing activity. Net assets, however, increased by 56% to £1.2 million. Trade debtors also increased by 180%, which could be due to expanding credit terms. 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 debt warrants a closer look. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Rimadesio Uk Ltd appears to be a stable, albeit small, business with a focus on high-end retail. The increase in cash reserves is encouraging, but the rising debt levels suggest a need for careful financial management.

Registered in England/Wales under the registration number 11677998, with a registered address at W1U 1DL, England, London, 85 Wigmore Street.

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