Rmv Machinery Sales Limited

RMV Machinery Sales Limited, based in Doncaster, UK, is a small, family-run business with an active status. Founded two years ago in 2022, it employs a single individual and holds £52,560 in assets. With a real registered address and two directors who are also the owners, it’s a close-knit operation. The company operates in the wholesale of agricultural machinery, equipment and supplies. It’s an irregular importer, with its top import category being Vehicles, parts, and accessories (not for trains or trams), totaling 1 months of imports, with the last operation conducted on September 01, 2024. Google reviews are glowing, boasting a perfect 5.0 rating from three customers.

The company's website, RMV Services, seems to be a simple online presence, lacking detailed product listings or e-commerce functionality. It appears to be primarily informational, showcasing the company's services and contact details. It’s not clear if the website is actively used for sales or if it serves more as a brochure.

Financially, RMV Machinery Sales Limited presents a mixed picture. Cash reserves have increased significantly, up 110% to £12,000, which is a positive sign. However, creditors have also risen sharply, increasing by 61% to £45,000. Trade debtors have ballooned by a staggering 170%, suggesting potential difficulties in collecting payments from customers. Equity has also increased by 160%, reaching £9,900, which is good. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debt raises some concerns. There's no auditor mentioned, likely due to being exempt as a small company, so the figures rely on unaudited statements.

Overall, RMV Machinery Sales Limited seems to be growing, but managing its finances carefully will be key. The increase in debt could be a temporary setback, or it could signal a need for better cash flow management. The company's family ownership and positive Google reviews suggest a commitment to customer service, which could help it navigate any financial challenges.

Registered in England/Wales under the registration number 14357471, with a registered address at DN11 9JJ, England, Doncaster, South Yorkshire, 53 St Marys Road, Tickhill.

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