Ri (uk) Limited

Ri (uk) Limited, based in Rugby, UK, is a small, active company founded twelve years ago in 2012. With £93,788 in assets and a real registered address, it's a family-run business with one director and two owners, Hartfield Gary John and Hartfield Joanne. The company operates an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings – a total of seven months of import activity recorded, the last in March 2023. It’s a wholesale business, dealing in furniture, carpets, and lighting equipment.

The company’s website is minimal, providing basic contact information and a business address. It doesn't showcase any specific products or services beyond the broad categories mentioned in the financial data. While there's no elaborate online storefront, its presence suggests a focus on business-to-business sales rather than direct consumer engagement.

Financially, Ri (uk) Limited presents a mixed picture. Current assets have decreased by 12% to £94,000, while net assets have plummeted by a significant 300% to -£34,000—a worrying trend. Bank borrowings have also increased, though the exact figures are not immediately clear. Creditors have decreased, which is a positive sign, but the large equity drop indicates potential financial strain. The company meets two of the three criteria to be classified as small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The sharp decline in equity suggests the company may be burning through cash, or perhaps has incurred significant one-off expenses. The decrease in debtors is good, but the overall picture requires closer scrutiny. It’s likely the company is facing challenges, but its small size allows it to adapt quickly.

Registered in England/Wales under the registration number 08195209, with a registered address at CV21 1TQ, Rugby, Warwickshire, Lumonics House Valley Drive, Swift Valley Industrial Estate.

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