Rita Konig Limited

Rita Konig Ltd is a small, active company based in London, UK, established twelve years ago in 2012. The company, with seven employees, holds assets valued at £1,515,993 and operates from a real address. It’s led by one director and one owner, Henrietta De Chappuis Konig. Rita Konig Ltd specializes in importing and exporting furniture, lighting, and prefabricated buildings, with a consistent record of importing for twelve months and exporting for seven months. The company also operates in the artistic creation industries.

The company’s website showcases a curated selection of industrial-style furniture and lighting, emphasizing vintage aesthetics and design inspiration. It’s a content-rich platform with blog posts, articles, and project showcases, suggesting a focus on design enthusiasts and interior design professionals. The site offers a range of services, including design studios and industrial interiors, and even offers ebooks. It’s clear the company isn’s just selling products, but also cultivating a community around design.

Financially, Rita Konig Ltd presents a mixed picture. Current assets have decreased by 33%, falling to £1,500,000, while net assets have also dropped slightly, to £760,000. Bank borrowings have increased significantly, rising by 2400% to £29,000, and cash reserves have declined by 30% to £1,100,000. Creditors, however, have decreased by 49%, which could indicate improved debt management. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The sharp increase in bank borrowings, alongside the decrease in cash reserves, raises questions about the company’s financial health. While the decrease in creditors is a positive sign, the overall trend suggests the company may be burning through cash faster than it’s generating revenue. The company’s reliance on imports, coupled with the fluctuating global economy, could be contributing to these pressures. The company’s focus on design and content creation, while valuable for brand building, may also require ongoing investment.

Registered in England/Wales under the registration number 08159838, with a registered address at W11 4AJ, England, London, The Studio Building Second Floor, Studio 3, 21 Evesham Street.

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