Rhubarb Malvern Limited

Rhubarb Malvern Ltd from Malvern UK: a small, active company founded six years ago, employs nine people, and holds £150,882 in assets. It’s a family business with a real address, managed by two directors and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from 22 reviews. The company regularly imports furniture, lighting, and prefabricated buildings—four months worth, with the last import occurring in September 2023.

The company operates in the retail sector, specifically other retail sale in non-specialised stores. Its website, while not detailed, suggests a curated selection of home goods and decor, appealing to a discerning customer base. The focus on imported items points to a strategy of offering unique products not readily available elsewhere.

Financially, Rhubarb Malvern Ltd presents a mixed picture. Current assets have decreased by 24% to £150,000, while net assets have fallen 98% to just £2,900. Bank borrowings have increased by 77%, reaching £41,000, and cash reserves have decreased by 77% to £23,000. Creditors have decreased by 22%, suggesting better debt management. 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 substantial equity drop warrants attention. As a small company, it’s likely exempt from an audit, and the figures are unaudited.

The decrease in assets and cash reserves, coupled with increased borrowings, suggests the company may be burning through cash faster than it's generating revenue. However, the decrease in creditors indicates a possible effort to manage debt. It's possible that recent investments in inventory or marketing efforts have contributed to the short-term financial strain, but the long-term sustainability of the business will depend on its ability to increase sales and improve profitability.

Registered in England/Wales under the registration number 11899977, with a registered address at WR14 3QZ, England, Malvern, Worcestershire, 84 Chance Lane.

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