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Company No. 04713781 · Incorporated 27 Mar 2003

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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46610Wholesale of agricultural machinery, equipment and supplies
Status
Active
Location
Norfolk, East of England
Age
23 yrs · since 2003
Type
Private Limited Company
Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light
Revenue
£8.3m
Growth ▲4%
Profit
£1.1m
Growth ▼21.9%
Profit margin
12.9%
Gross 32.8%
Employees
98
Change ▲1%
Profit / employee
£11k
Revenue/employee £85.2k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull 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)9798
Ratios
Profit margin17.2%12.9%
Gross margin36.9%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

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.
Indirect — not revenue

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
Same industry, similar size

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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.