Rimex Metals (u.k.) Limited

Rimex Metals Uk Ltd, based in Enfield, UK, is a large, holding company with an active status, celebrating 65 years since its establishment in 1959. The company employs 87 people and holds assets worth £8,211,899, generating a yearly revenue of £23,281,150. It operates from a real address, is overseen by four directors and owned by one individual, and maintains a respectable Google rating of 4.0 based on 16 reviews. The company regularly imports and exports iron and steel, with 72 months of import activity and 291 months of export activity.

Rimex Metals is a global manufacturer specializing in metal finishes, particularly patterned, coloured, and textured stainless steel. Its website showcases a wide range of applications, from architecture and interior design to transportation and refrigeration. The company’s products are used in high-profile projects worldwide, including museums, airports, and luxury retail spaces. It’s a business that’s clearly focused on delivering bespoke finishes for demanding clients.

Financially, Rimex Metals shows a mixed picture. Current assets decreased by 20%, dropping to £8,200,000, while net assets remained relatively stable at £3,700,000. Bank borrowings increased by 42%, reaching £1,400,000, and cash reserves fell by 80%, leaving just £340,000. Creditors decreased by 31%, suggesting improved management of short-term liabilities. The company’s large size (meeting two of three criteria for a large company) helps it maintain a broad market reach, but the sharp decline in cash reserves warrants attention. The financial statements are audited by Barnes Roffe LLP.

The company’s focus on specialized metal finishes and global reach suggests a resilient business model, but the recent financial trends indicate a need for careful management. While the company’s reputation for quality and innovation is strong, the decrease in cash reserves could pose a challenge in the coming year.

Registered in England/Wales under the registration number 00644957, with a registered address at EN3 7SU, England, Enfield, 17 Aden Road.

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