F.ruegger Limited

F. Ruegger Ltd from Luton, UK, is a small, active company that’s been around for 54 years, founded way back in 1971. It employs just two people and holds £262,973 in assets. The company has a registered address, but it's probably virtual, as 73 other companies are registered there too. There are three directors and one owner, who is also the solo founder. It regularly imports headgear and accessories (7 months of activity), and occasionally exports them (2 months).

The company’s website, The7.co.uk, lists F. Ruegger Ltd alongside a directory of businesses across the UK. It’s a simple listing, but it suggests the company is part of a larger network of retailers. The website also mentions a physical location: The Block House, 2426, Clarendon Rd, Luton LU2 7PQ. It seems the company operates a retail business, selling hats and accessories. The website also lists related companies, Fatima Vintage Clothing and KR Snoxell Sons Ltd.

Financially, F. Ruegger Ltd shows a mixed picture. Current assets decreased by 15% to £260,000, while net assets increased by 2.1% to £1,100,000. Bank borrowings increased significantly, by 2,100%, reaching £29,000, and cash reserves fell 21% to £230,000. Trade debtors increased by 220%, suggesting the company is having trouble getting paid. Creditors decreased by 76%, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the increase in debt is something to watch. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s financial statements show a decrease in depreciation charges for property and plant equipment, which could indicate less investment in fixed assets. The company also operates a defined contribution pension scheme, which is a common practice for small businesses. Overall, F. Ruegger Ltd appears to be a stable, if somewhat debt-burdened, operation.

Registered in England/Wales under the registration number 01001153, with a registered address at LU4 8FE, Luton, Bedfordshire, 5 Imperial Court, Laporte Way.

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