Romtech Uk Limited

Romtech UK Limited, based in Milton Keynes, is a small, active company established 16 years ago in 2009. With three employees and £213,006 in assets, it operates from a virtual address – a point to note as 340 companies share the same location. The business is run by a solo founder and overseen by three directors, with one reported owner. Romtech UK is a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent activity recorded in July 2024.

The company’s website reveals a focus on converting machinery, offering new and used equipment, and providing services like slitter rewinding, logging, and cutting. It caters to a range of industries, including packaging and printing, and boasts a physical location in Milton Keynes, with a phone number and email address readily available. The site’s navigation is simple, allowing users to easily browse through various machinery categories.

Financially, Romtech UK Limited’s numbers paint a mixed picture. Current assets have decreased by 16% to £210,000, while net assets have fallen by 22% to £76,000. Bank borrowings have vanished completely, a positive sign, but cash reserves have also dropped 15% to £200,000. Creditors have decreased by 6.4%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2m and assets under £5.1m. No auditor is mentioned, likely due to its small size.

Overall, Romtech UK Limited appears to be navigating a period of adjustment. While its core business of machinery supply seems stable, the decline in assets and cash reserves warrants attention. The company’s reliance on a virtual address and a lean management structure may contribute to its agility, but it also highlights potential vulnerabilities.

Registered in England/Wales under the registration number 06909959, with a registered address at MK13 9HF, England, Milton Keynes, Unit 84-85 Alston Drive, Bradwell Abbey.

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