Rmi (midlands) Limited

Rmi (Midlands) Limited, based in Lutterworth, UK, is a small, active company founded eleven years ago in 2013. With six employees and £416,959 in assets, it operates from a real address and is led by a single director and owner, who is also the solo founder. The company boasts a stellar 5.0 Google rating from ten reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the last import activity occurring one month ago.

The company’s website reveals it operates within the specialised construction activities industry, focusing on fabrication engineering. It’s a private limited company, registered in England/Wales, and seems to be a tight-knit operation. The company has a showroom in Harrods, London.

Financially, Rmi (Midlands) Limited presents a mixed picture. Current assets have increased significantly by 71% to £420,000, while cash reserves have fallen by 58% to £1,600. Debtors have surged by a staggering 310% to £420,000, which could indicate delayed payments or an expansion of credit terms. Equity, however, has seen a substantial boost, rising by 470% to £170,000—a positive sign of retained earnings. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 100 employees) allows for agility, but the increase in debtors warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s financial statements are prepared in accordance with Financial Reporting Standard 102. The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006.

Registered in England/Wales under the registration number 08770873, with a registered address at LE17 4DZ, United Kingdom, Lutterworth, 36 Gilmorton Road.

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