Rhinolux Ltd

Rhinolux Ltd from Dunstable UK: a small, active company founded three years ago, employs just one person, and holds £5,276 in assets. It’s a family business with two directors and two owners, operating from a real address. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of February 2025.

The company’s website, Rhinolux, simply states “Coming Soon” and provides links to LinkedIn, Instagram, TikTok, Xtwitter, Facebook, and an email address. It’s clear that Rhinolux is in the early stages of building its online presence. The site hints at a focus on “Built Stronger,” suggesting a commitment to quality and durability.

Financially, Rhinolux Ltd presents a mixed picture. Cash reserves have increased significantly by 210%, jumping from £1,600 to £5,000. However, creditors have also risen by 65%, reaching £5,200. Trade debtors have seen a substantial increase of 200%, reaching £300, which could indicate a reliance on customer payments. A notable decrease in equity, dropping 100%, from -£1,500 to -£1, suggests the company is burning through cash. Despite this, the company’s net current assets liabilities have improved, rising from -£1,400 to £99. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline warrants attention. The accounts are unaudited, likely due to the company’s small size and exemption from audit.

Overall, Rhinolux Ltd seems to be a startup navigating early challenges. The increase in cash and decrease in liabilities are positive signs, but the declining equity suggests the company is relying on external funding or facing pressure on its profitability.

Registered in England/Wales under the registration number 13862151, with a registered address at LU5 6HU, England, Dunstable, Beds, Unit 4 Crowbush Farm Luton Road, Toddington.

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