If you have been searching for information about Ryma Ltd, you are not alone. Many people want to know what this company was, what it did, and why it no longer exists. In this article, we will explain everything about Ryma Ltd in simple words so you can understand the full story.
Ryma Ltd was a small online retail company from the United Kingdom. It started in 2019 and closed in 2024. The company sold products on the internet, but after about five years, it was removed from the official UK company register. Let us look at what happened step by step.
What Was Ryma Ltd?
Ryma Ltd was a private limited company registered in England and Wales. The company number was 12207042. It was set up on 13 September 2019, and its registered office was located at Dephna House, 7 Coronation Road, London, NW10 7PQ.
A private limited company, often written as “Ltd,” is a very common type of business in the UK. It means the company is a separate legal body from its owners. If the business has debts, the owners are only responsible up to the amount they invested. Their personal money and property stay safe.
Ryma Ltd was registered under SIC code 47910. This code tells us the type of business. In this case, it means the company worked in online retail. It sold goods through the internet or mail order, not from a physical shop.
Who Was Behind Ryma Ltd?
According to public records available on Companies House, the director and person with significant control of Ryma Ltd was Aimad Garda. In UK company law, a person with significant control is someone who has a big influence on how the company runs. This could mean they own a large share of the company or have the power to make important decisions.
Beyond this public record information, there are not many details available about the people behind the daily work of the company.
How Did Ryma Ltd Operate?
Ryma Ltd was classified as an online retail business. This means it most likely sold products through a website or an online marketplace. Customers would visit the site, choose products, pay online, and then wait for delivery to their address.
The exact products that Ryma Ltd sold are not clearly recorded in public documents. The SIC code only tells us the general type of business. It does not give details about what specific items were on sale. We do not know if the company had its own brand, worked with other sellers, or used a dropshipping model.
What we do know is that Ryma Ltd filed micro-company accounts with Companies House. Micro-company accounts are a simple type of financial report. Only very small businesses can use them. This tells us that Ryma Ltd was a small operation with limited money coming in and going out.
The UK Online Retail Market Between 2019 and 2024
To understand why Ryma Ltd closed, it helps to look at the bigger picture of online shopping in the UK during those years.
When Ryma Ltd started in 2019, online shopping was already growing fast. More and more people preferred to buy things from home instead of going to shops. Then in 2020, the COVID-19 pandemic made online shopping even more popular because many physical stores had to close.
However, this growth also brought problems. Big companies like Amazon, eBay, and ASOS had a strong hold on the market. They offered fast delivery, low prices, and a huge range of products. For a small company like Ryma Ltd, it was very hard to compete with these giants.
After the pandemic, the market became even tougher. Costs went up, customer expectations increased, and there were too many online shops fighting for the same buyers. Many small online businesses struggled during this time, and some had to close.
Why Did Ryma Ltd Close?
Ryma Ltd was officially dissolved on 19 November 2024. The word “dissolved” simply means the company was removed from the official register. It stopped existing as a legal business. It could no longer sell products, sign contracts, or do any business.
The company was closed through a process called compulsory strike-off. This happens when Companies House believes a company is no longer doing business or has not sent in its required documents on time. In the UK, every company must file certain papers every year, like accounts and confirmation statements. If a company does not do this, the government can start the process to remove it from the register.
Here is the timeline of how it happened. First, a notice called GAZ1 was published on 3 September 2024. This is a public warning that the company might be removed. Then, on 19 November 2024, the second notice (GAZ2) was published, and the company was officially struck off the register.
It is important to say that being dissolved is not the same as going bankrupt. Bankruptcy means a company cannot pay its debts. Dissolution means the company was simply removed from the register. There is no clear public evidence that Ryma Ltd went bankrupt or did anything wrong. The closure appears to be a normal business outcome.
The last accounts for Ryma Ltd were made up to 30 September 2022, and the last confirmation statement was dated 5 July 2023. After that, the company did not file any more documents, which likely started the strike-off process.
What Happens After a Company Is Dissolved?
When a company like Ryma Ltd is dissolved, several things happen. The company can no longer trade or operate. Any remaining money or property owned by the company may become “bona vacantia.” This is a legal term that means the assets go to the government.
For customers, dissolution can cause problems. If someone had a warranty or was waiting for a refund, they might lose that right because the company no longer exists. For suppliers, it becomes difficult to collect any money the company owed them.
Is Ryma Ltd Connected to Other Companies Named Ryma?
When you search for Ryma Ltd online, you might see other companies with similar names. It is important to know that these are separate businesses.
Ryma Automotive Ltd is a company that sells car parts. It is a completely different business from Ryma Ltd. Ryma Technology Solutions is a Canadian company that makes product management software. Again, this has nothing to do with the UK online retailer.
There is also Ryma Foodtech, which is based in India and works in shrimp farming. None of these companies are connected to the Ryma Ltd we are talking about in this article. Always check the company number and country of registration to make sure you are looking at the right business.
What Can We Learn From Ryma Ltd?
The story of Ryma Ltd teaches us some valuable lessons about running a small online business.
First, following the rules matters. Every UK company must file its documents on time. If you miss these deadlines, the government can close your business. It sounds simple, but many small companies forget this important step.
Second, the online market is very competitive. Starting an online shop is easy, but keeping it running is hard. You need a clear plan, good products, and a way to stand out from bigger competitors. Without these things, it is difficult to survive.
Third, having enough money is important. Small businesses often run out of money before they can grow big enough to make a profit. Planning your finances carefully from the start can help you avoid this problem.
Finally, understanding your customers is key. Online shoppers want good prices, fast delivery, and easy returns. If a small business cannot offer these things, customers will go to a bigger company that can.
Frequently Asked Questions (FAQs)
1. What was Ryma Ltd? Ryma Ltd was a UK private limited company that worked in online retail. It was registered under company number 12207042 and classified under SIC code 47910, which covers internet-based sales.
2. When was Ryma Ltd started? Ryma Ltd was incorporated on 13 September 2019 in England and Wales.
3. When did Ryma Ltd close? The company was officially dissolved on 19 November 2024 through a compulsory strike-off process by Companies House.
4. Who was the owner of Ryma Ltd? Public records show that Aimad Garda was the director and person with significant control of Ryma Ltd.
5. What did Ryma Ltd sell? Ryma Ltd was classified as an online retail business, but the exact products it sold are not recorded in public documents.
6. Why did Ryma Ltd close down? The company was dissolved after it stopped filing required documents with Companies House. The exact business reasons for closure are not publicly known, but it went through a compulsory strike-off process.
7. Is Ryma Ltd the same as Ryma Automotive Ltd? No. Ryma Automotive Ltd is a completely different company that deals in car parts. It has no connection to the UK online retailer Ryma Ltd.
8. Was Ryma Ltd involved in any fraud? There is no public evidence of fraud or illegal activity connected to Ryma Ltd. Its closure appears to be a normal administrative process.
9. Can Ryma Ltd start operating again? Once a company is dissolved, it can sometimes be restored to the register through a legal process. However, there is no indication that anyone has tried to restore Ryma Ltd.
10. Where was Ryma Ltd located? The registered office address of Ryma Ltd was Dephna House, 7 Coronation Road, London, NW10 7PQ, United Kingdom.
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