Romil Ltd.

Romil Ltd from Waterbeach UK is a small, active company founded 42 years ago, in 1983. Employing 35 people, it holds £3,318,828 in assets and operates from a real address. With four directors and a single owner – a solo founder – Romil Ltd is a long-standing player in the chemical industry. The company regularly imports inorganic chemicals (45 months) and exports organic chemicals (714 months), demonstrating a dual focus on both sourcing and distribution.

Romil Ltd specializes in the manufacture of high-purity solvents and certified reference materials, catering to analytical laboratories and life sciences. Its website highlights a commitment to quality results, particularly in water determination and accredited solutions for pure chemistry. The company even has a presence in the academic community, with its products referenced in numerous scientific publications. It’s clear that Romil Ltd isn’t just a distributor; it’s a producer with a focus on specialized chemicals and techniques. The site also mentions a piano restoration division, which is interesting.

Financially, Romil Ltd shows a mixed picture. Current assets increased by 24% to £3,300,000, while net assets rose by 20% to £3,900,000. Bank borrowings decreased significantly by 86%, down to £24,000, and cash reserves increased by 40% to £1,400,000. Trade debtors increased by 28%, which could be a sign of growth, but also a potential risk. Creditors decreased by 31%, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s likely unaudited, relying on director-reported data.

Overall, Romil Ltd appears to be in a healthy position, with strong assets and improved cash reserves. The company’s long history, combined with its focus on specialized chemicals and a dual import/export model, suggests a resilient business model. It’s a stable company, but it’s important to keep an eye on the increase in trade debtors.

Registered in England/Wales under the registration number 01716221, with a registered address at CB25 9QT, Waterbeach, Cambridge, The Source, Convent Drive.

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