Royella Ltd

Royella Ltd from Nottingham UK is a small, active company founded four years ago. It holds £1,680 in assets, operates from a real address, and is managed by two directors and one owner. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Royella Ltd operates in the retail sale via mail order houses or via internet industries. Its website reveals a connection to export and import trade agents based in Auckland, New Zealand. This suggests a broader international scope beyond its Nottingham base, potentially involving sourcing goods and distributing them online. It's a small operation, but it seems to be expanding its reach.

Financially, Royella Ltd presents a mixed picture. Current assets have decreased by 18% to £1,700, while net assets and liabilities have both increased by 20% to -£2,300. Cash on hand has fallen by 8% to £700. Creditors have decreased slightly, and accrued liabilities have increased. The company’s small size helps it remain flexible, but the decline in assets and increase in liabilities are concerning. It's worth noting that the accounts are "filleted" and unaudited, meaning they are simplified and haven't been independently verified. There is no mention of an auditor. The company seems to be struggling a bit, but it’s still active and has a presence in both the UK and New Zealand.

Registered in England/Wales under the registration number 13192353, with a registered address at NG5 9EA, England, Nottingham, 3 Heatherington Gardens.

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