Roamer Batteries Ltd

Roamer Batteries Ltd, based in Leeds, UK, is a small, active company with a real registered address and a single director. Founded relatively recently, it employs eight people and holds £120,000 in assets. The company's core business revolves around the design, manufacture, and sale of lithium batteries, primarily for off-grid adventures, catering to vanlifers, boat owners, and those seeking independent power solutions. Roamer’s website prominently features its SMART4 series, highlighting integration with Victron and other touchscreen systems, alongside XTREME and HOME battery options. They also offer free electrical system consultations and even remote charger programming.

The website is clearly designed to drive e-commerce, showcasing product features, customer testimonials, and a strong emphasis on community and support. Roamer actively promotes its brand through Instagram and offers a Roamer App for real-time battery monitoring. The site’s layout is clean and modern, with a focus on visual appeal and ease of navigation. They even have a trade portal for bulk orders.

Financially, Roamer Batteries Ltd presents a mixed picture. Accrued liabilities have significantly decreased by 62%, which is good news, but cash bank on hand has fallen by 73% to £32,000. Creditors have also dropped by 31%, suggesting improved debt management, although net assets have plummeted by a staggering 200% to -£110,000. Bank borrowings have surged by 100%, reaching zero, and loans from directors have increased by 74% to £40,000. It seems like they’ve been relying more on external funding. Despite this, trade debtors have decreased by 22%, which could indicate better payment collection. The company is exempt from an audit as a small company.

The significant drop in equity is concerning, and the increased reliance on loans suggests potential cash flow challenges. However, the decrease in liabilities and improved debt management are positive signs. It’s possible the company is investing heavily in growth, but the financial data indicates a period of increased risk. The lack of an auditor means the figures are unaudited, so further scrutiny would be needed to fully understand the company’s financial health.

Registered in England/Wales under the registration number 13254638, with a registered address at LS12 2DS, United Kingdom, Leeds, Unit 10 Castleton Close.

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