Rmw Deals Limited

Rmw Deals Ltd, based in Rochdale, UK, is a small, active company founded seven years ago in 2017. Employing just three people, it holds £444,613 in assets and operates a real address with one director and owner at the helm. The business runs an e-commerce site and regularly imports toys, games, and sports equipment, with 18 months of import activity recorded, the last operation in July 2021.

The company’s core business involves retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Rmw Deals Ltd shows some interesting trends. Cash bank on hand has seen a remarkable surge, increasing by 730% to £180,000—a significant boost. However, current assets also rose by 13% to £440,000, while net assets increased by 61% to £100,000. Trade debtors have ballooned by 69%, suggesting either increased sales or potentially delayed payments. Creditors decreased by 7.8%, which is a good sign for debt management. Bank borrowings are stable, with overdrafts remaining at £10,000, and non-financial instruments at £15,000. The company’s small size helps it stay agile, but the increase in debtors could indicate a need for closer monitoring of customer payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Rmw Deals Ltd appears to be in a healthy position, with strong cash reserves and growing assets. However, the increase in debtors warrants attention. The company’s focus on e-commerce and regular imports suggests a dynamic business model, but sustained growth will depend on managing cash flow and maintaining strong customer relationships.

Registered in England/Wales under the registration number 11097811, with a registered address at OL12 6LZ, England, Rochdale, 2 Fallowfield Drive.

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