Riiroo Limited

Riiroo Ltd from Edgware UK: a small, active company founded nine years ago, employs just two people, and holds £3,041,282 in assets. Operating from a virtual address, it’s a family business with two directors and two owners, running an e-commerce site and boasting a stellar 5.0 Google rating from nearly 2000 reviews. The company regularly imports toys, games, and sports equipment, with the latest import activity recorded in December 2024.

The website, RiiRoo, is a vibrant online store specializing in ride-on toys—cars, motorbikes, and more—for children of all ages. It offers a wide range of brands, including Audi, BMW, and Ferrari, and caters to various budgets with options from under £50 to over £500. The site features an extensive selection of battery voltages, power types, and seating capacities, and even offers personalized number plates and gift bows. It also provides a video call service for customers to learn more about the products.

Financially, Riiroo Ltd presents a mixed picture. While cash bank on hand increased significantly by 130% to £860,000, net assets decreased slightly by 1.7% to £910,000. Bank borrowings, however, have decreased by 36% to £120,000. Creditors have increased by 120% to £1.2 million, and other taxation and social security payable has increased by a staggering 830% to £290,000. The number of employees has increased dramatically, from two to nineteen—a significant jump that could be due to increased demand or expansion plans. 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 remain flexible, but the rise in creditors and tax liabilities suggests a need for careful financial management. The accounts are unaudited, likely due to the company's small size.

Overall, Riiroo Ltd appears to be a successful e-commerce business with a strong online reputation, but it’s facing some financial pressures that it will need to address to ensure its long-term sustainability.

Registered in England/Wales under the registration number 09747709, with a registered address at HA8 7DB, England, Edgware, Handel House, 95 High Street.

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