Robinson & Rushe Limited

Robinson & Rushe Limited, based in Solihull, UK, is a small, active company with a long history, having been founded 52 years ago in 1973. The business employs five people and holds £326,237 in assets, operating from a virtual address. With one director and one owner—Aslam Maqsood—and a stellar 5.0 Google rating based on 14 reviews, it’s a well-regarded operation. The company regularly imports furniture, lighting, and prefabricated buildings, with the most recent import activity occurring in October 2024.

The company's core business involves wholesale of radio, television goods & electrical household appliances, as well as renting and operating housing association real estate. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website, while not fully detailed, suggests a focus on electrical products and a possible connection to a Birmingham-based operation.

Financially, Robinson & Rushe Limited’s recent performance shows some concerning trends. Cash bank on hand has fallen significantly, dropping 64% to £200,000. Current assets have also decreased by 48% to £330,000. Trade debtors have increased by 79% to £15,000, which could indicate difficulties in collecting payments. However, creditors have decreased by 12% to £200,000, suggesting improved debt management. The company’s equity has increased by 6.8% to £1,300,000. With no auditor mentioned, the financial statements are unaudited.

Overall, Robinson & Rushe Limited appears to be facing some financial pressures, despite its positive Google rating and long-standing presence in the market. The decrease in cash reserves and current assets warrants close monitoring, but the reduction in creditors is a positive sign. The company’s small size and established reputation should help it navigate these challenges, but a sustained focus on financial health will be crucial for long-term success.

Registered in England/Wales under the registration number 01097306, with a registered address at B90 4LE, England, Solihull, West Midlands, 4 Highlands Court, Cranmore Avenue.

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