the romo group limited
the romo group limited Company Information
Company Number
14451746
Next Accounts
Sep 2025
Shareholders
jonathan frank mould
jf mould settlement trust
Group Structure
View All
Industry
Wholesale of textiles
Registered Address
oddicroft lane oddicroft lane, sutton-in-ashfield, NG17 5FB
Website
romo.comthe romo group limited Estimated Valuation
Pomanda estimates the enterprise value of THE ROMO GROUP LIMITED at £26.9k based on a Turnover of £79.7k and 0.34x industry multiple (adjusted for size and gross margin).
the romo group limited Estimated Valuation
Pomanda estimates the enterprise value of THE ROMO GROUP LIMITED at £0 based on an EBITDA of £-8.5k and a 4.52x industry multiple (adjusted for size and gross margin).
the romo group limited Estimated Valuation
Pomanda estimates the enterprise value of THE ROMO GROUP LIMITED at £86.9k based on Net Assets of £61.9k and 1.4x industry multiple (adjusted for liquidity).
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The Romo Group Limited Overview
The Romo Group Limited is a live company located in sutton-in-ashfield, NG17 5FB with a Companies House number of 14451746. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in October 2022, it's largest shareholder is jonathan frank mould with a 58.3% stake. The Romo Group Limited is a startup, micro sized company, Pomanda has estimated its turnover at £79.7k with unknown growth in recent years.
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The Romo Group Limited Health Check
Pomanda's financial health check has awarded The Romo Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £79.7k, make it smaller than the average company (£15.6m)
£79.7k - The Romo Group Limited
£15.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Romo Group Limited
- - Industry AVG
Production
with a gross margin of 42.7%, this company has a lower cost of product (27.9%)
42.7% - The Romo Group Limited
27.9% - Industry AVG
Profitability
an operating margin of -15% make it less profitable than the average company (3.8%)
-15% - The Romo Group Limited
3.8% - Industry AVG
Employees
with 514 employees, this is above the industry average (47)
514 - The Romo Group Limited
47 - Industry AVG
Pay Structure
on an average salary of £44.9, the company has a lower pay structure (£42.3k)
£44.9 - The Romo Group Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £155, this is less efficient (£315.1k)
£155 - The Romo Group Limited
£315.1k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (45 days)
39 days - The Romo Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (29 days)
45 days - The Romo Group Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 238 days, this is more than average (119 days)
238 days - The Romo Group Limited
119 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (8 weeks)
20 weeks - The Romo Group Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52%, this is a similar level of debt than the average (52.4%)
52% - The Romo Group Limited
52.4% - Industry AVG
THE ROMO GROUP LIMITED financials
The Romo Group Limited's latest turnover from December 2023 is £79.7 thousand and the company has net assets of £61.9 thousand. According to their latest financial statements, The Romo Group Limited has 514 employees and maintains cash reserves of £5.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| Turnover | 79,651 |
| Other Income Or Grants | |
| Cost Of Sales | 45,638 |
| Gross Profit | 34,013 |
| Admin Expenses | 45,943 |
| Operating Profit | -11,930 |
| Interest Payable | 2,709 |
| Interest Receivable | 291 |
| Pre-Tax Profit | -14,348 |
| Tax | 2,827 |
| Profit After Tax | -11,521 |
| Dividends Paid | |
| Retained Profit | -11,521 |
| Employee Costs | 23,078 |
| Number Of Employees | 514 |
| EBITDA* | -8,528 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 49,973 |
| Intangible Assets | 25,023 |
| Investments & Other | 6,453 |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 81,449 |
| Stock & work in progress | 29,835 |
| Trade Debtors | 8,678 |
| Group Debtors | |
| Misc Debtors | 3,855 |
| Cash | 5,137 |
| misc current assets | |
| total current assets | 47,505 |
| total assets | 128,954 |
| Bank overdraft | |
| Bank loan | 2,947 |
| Trade Creditors | 5,740 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | 45 |
| other current liabilities | 4,469 |
| total current liabilities | 13,201 |
| loans | 46,976 |
| hp & lease commitments | 22 |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | 6,862 |
| total long term liabilities | 53,860 |
| total liabilities | 67,061 |
| net assets | 61,893 |
| total shareholders funds | 61,893 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -11,930 |
| Depreciation | 2,150 |
| Amortisation | 1,252 |
| Tax | 2,827 |
| Stock | 29,835 |
| Debtors | 12,533 |
| Creditors | 5,740 |
| Accruals and Deferred Income | 4,469 |
| Deferred Taxes & Provisions | 6,862 |
| Cash flow from operations | -30,998 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 6,453 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 2,947 |
| Group/Directors Accounts | |
| Other Short Term Loans | |
| Long term loans | 46,976 |
| Hire Purchase and Lease Commitments | 67 |
| other long term liabilities | |
| share issue | |
| interest | -2,418 |
| cash flow from financing | 120,986 |
| cash and cash equivalents | |
| cash | 5,137 |
| overdraft | |
| change in cash | 5,137 |
the romo group limited Credit Report and Business Information
The Romo Group Limited Competitor Analysis
Perform a competitor analysis for the romo group limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NG17 area or any other competitors across 12 key performance metrics.
the romo group limited Ownership
THE ROMO GROUP LIMITED group structure
The Romo Group Limited has 1 subsidiary company.
the romo group limited directors
The Romo Group Limited currently has 5 directors. The longest serving directors include Mr Jonathan Mould (Oct 2022) and Ms Emily Mould (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Mould | England | 72 years | Oct 2022 | - | Director |
| Ms Emily Mould | England | 45 years | May 2023 | - | Director |
| Ms Felicity Mould | England | 47 years | May 2023 | - | Director |
| Mr Neil Sexton | England | 47 years | May 2023 | - | Director |
| Mr Jordan Mould | England | 39 years | May 2023 | - | Director |
P&L
December 2023turnover
79.7k
0%
operating profit
-11.9k
0%
gross margin
42.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
61.9k
0%
total assets
129k
0%
cash
5.1k
0%
net assets
Total assets minus all liabilities
Similar Companies
the romo group limited company details
company number
14451746
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
October 2022
age
3
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
thread newco limited (May 2023)
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
oddicroft lane oddicroft lane, sutton-in-ashfield, NG17 5FB
Bank
-
Legal Advisor
-
the romo group limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to the romo group limited. Currently there are 4 open charges and 0 have been satisfied in the past.
the romo group limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for THE ROMO GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
the romo group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
