Rmc Trade Limited

Rmc Trade Limited, based in Birmingham, UK, is a small, active company founded seven years ago. With a single employee and £67,437 in assets, it operates from a virtual address shared by 28 other companies, raising some flags. The company has two directors and one owner, with Mather-cole Robert owning the business. It’s incorporated on July 11, 2017, and has a registered address at Alexander House, Tenby Street North.

The company’s business model is interesting: it’s an irregular importer of machinery, boilers, and mechanical appliances, with just one month of import activity recorded back in 2018. Conversely, it's a regular exporter of the same products, with eight months of export activity, the latest being November 01, 2024. The company operates in the wholesale of computers, computer peripheral equipment and software industries.

Financially, Rmc Trade Limited is showing some concerning trends. Current assets have dropped significantly by 36%, falling to £67,000. Bank borrowings have decreased by 29%, down to £17,000, which is good news. However, net assets have increased by 31% to £11,000. Creditors have also decreased by 54%, which is a positive sign. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the decrease in assets is something to keep an eye on. The company is exempt from audit, so the figures are unaudited.

The company’s financial data also reveals a few other points. Accumulated depreciation has increased by 2.5%, and the number of employees remains constant at one. It’s clear that Rmc Trade Limited is facing some financial pressures, but its export activity suggests a continued demand for its products.

Registered in England/Wales under the registration number 10859804, with a registered address at B1 3EG, England, Birmingham, Alexander House, 60-61 Tenby Street North.

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