Rmy-uk Ltd

Rmy-uk Ltd is a small, active company based in Wembley, UK, founded ten years ago in 2014. It operates with a single employee and holds £22,586 in assets, boasting a real address and overseen by four directors and one owner. The company primarily engages in retail sales through mail order and online platforms.

The company's website, RMY Clements Limited, reveals a different picture entirely. It’s an established firm of Chartered Accountants in Edgbaston, Birmingham, offering a wide range of services including accounts, taxation, audit, and business advisory. They cater to businesses across various sectors, from professions to manufacturing, and even offer training and consultancy. The site is well-maintained, with a focus on providing valuable resources like downloadable forms, online calculators, and tax rate information. They also publish regular news updates and promote their team, emphasizing their commitment to supporting the local community. It's a professional services firm, not a retail operation, which is a bit confusing.

Financially, Rmy-uk Ltd’s numbers paint a concerning picture. While current assets increased slightly to £23,000, net assets plummeted by a staggering 250%, ending at -£11,000. This suggests significant losses and a reliance on borrowing. Creditors also increased substantially, reaching £34,000, and cash reserves fell dramatically to just £260. The company’s small size (meeting two of three criteria for a small company) offers some flexibility, but the substantial equity decline is a red flag. No auditor is mentioned, which is typical for a small, exempt company. The company's bank borrowings increased by 2,400%, reaching £29,000.

In conclusion, while RMY Clements Limited presents a stable and professional image, the underlying Rmy-uk Ltd appears to be struggling financially. It's unclear how the two entities are linked, or whether the accounting firm is supporting the retail operation. The company's future depends on its ability to turn around its financial performance and clarify its business model.

Registered in England/Wales under the registration number 09020616, with a registered address at HA0 2TF, England, Wembley, Middlesex, 10 Greenbank Avenue.

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