Rima UK Limited
Registered name: RIMA UK LIMITED
Rima UK Limited made £8.3m revenue and £1.1m profit in the year to 31 Dec 2023. read from filing text
Rima UK Limited’s revenue grew 4% to £8.3m in the year to 31 Dec 2023, with £1.1m profit and 98 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Norfolk; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Norfolk, East of England
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £8m | £8.3m |
| Cost of sales | £5.1m | £5.6m |
| Gross profit | £3m | £2.7m |
| Operating profit | £1.6m | £1.3m |
| Profit before tax | £1.6m | £1.2m |
| Profit after tax | £1.4m | £1.1m |
| Profit (best available) | £1.4m | £1.1m |
| Employees (average) | 97 | 98 |
| Ratios | ||
| Profit margin | 17.2% | 12.9% |
| Gross margin | 36.9% | 32.8% |
| Revenue per employee | £82.8k | £85.2k |
| Profit per employee | £14.2k | £11k |
| Growth (year on year) | ||
| Revenue growth | — | ▲4% |
| Profit growth | — | ▼21.9% |
| Headcount growth | — | ▲1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £422k | £443k |
| Net assets | £665k | £717k |
| Fixed assets | £99.2k | £115k |
| Current assets | £1.4m | £1.2m |
| Debtors | £573k | £295k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 12.9%
- Profit ÷ revenue.
- Gross margin
- 32.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £85.2k
- Revenue ÷ average employees.
- Profit per employee
- £11k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲8%
- Now £717k
- Cash at bank
- ▲5%
- Now £443k
- Headcount
- ▲1%
- Now 98
- Deferred income
- —
- Now —
- Fixed assets
- ▲16%
- Now £115k
Similar profitable businesses
- Al-Ko Gardentech UK LtdWincanton · Wholesale of agricultural machinery, equipment and supplies
- Revenue
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- Profit
- £777k
- Staff
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- Spearhead Machinery LimitedEvesham · Wholesale of agricultural machinery, equipment and supplies
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- The Double a Trading Company LimitedWholesale of agricultural machinery, equipment and supplies
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- Ramsay & Jackson LimitedWholesale of agricultural machinery, equipment and supplies
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- £14.1m
- Profit
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- Robert Davies Machinery LimitedShrewsbury · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £14.2m
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- Erwin Agri-Care LimitedCrumlin · Wholesale of agricultural machinery, equipment and supplies
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.1m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.