Romsey Reclamation Limited

Romsey Reclamation Ltd, based in Eastleigh, UK, is a small, active company established 27 years ago. With four employees and £1,613,906 in assets, it operates from a virtual address—a point to note as thirty-four companies share the same location. The business is run by two directors and two owners, and boasts a solid 4.0-star Google rating based on 77 reviews. Regular imports of wood and wood products, spanning seven months, highlight its sourcing activities, with the latest shipment arriving in November 2024.

The company’s website, Romsey Reclamation, presents a treasure trove of architectural salvage and reclaimed materials. It's open Monday to Friday, 8am to 4pm, and Saturdays 8.15am to noon. The site showcases a wide range of products, from reclaimed bricks and roof tiles to oak flooring and vintage signs, catering to both DIY enthusiasts and commercial projects. Notably, the business also specializes in railway sleeper imports, supplying materials for various sectors, including agriculture and civil engineering. A dedicated section highlights its brick and tile matching service, and even features a "Meet Colin" introduction to a new specialist. The website also mentions a piano restoration venture, though its connection to the core reclamation business isn’t explicitly stated.

Financially, Romsey Reclamation Ltd shows a mixed picture. While current assets increased by a modest 5%, net assets also grew by 3.3% to £1,500,000. However, cash reserves fell by 7.6% to £440,000, and bank borrowings surged by 2,400%, reaching £29,000. Creditors decreased by 57%, which is a positive sign. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the increase in borrowings warrants attention. No auditor is mentioned, as the company is likely exempt.

Overall, Romsey Reclamation Ltd appears to be a well-established business with a strong online presence and a loyal customer base. While the increase in borrowings is a concern, the company’s solid asset base and positive Google rating suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 03567084, with a registered address at SO53 4AR, United Kingdom, Eastleigh, Hampshire, Highland House Mayflower Close, Chandler's Ford.

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