Rocklands Luggage Ltd

Rocklands Luggage Ltd, a small, active company based in London, UK, has been operating for fifteen years. Founded in 2010, it holds just £-31,874 in assets, a rather unusual figure, and is managed by one director and owner, Kashefi Najib. The company’s registered address is real, with only one other business registered there. It regularly imports leather goods, travel bags, and animal harnesses, with its last import operation occurring in August 2018.

The company operates primarily as an online retailer of luggage and travel accessories, as evidenced by its website, Rocklands London Suitcases. The site offers a wide range of products, including cabin luggage, hard suitcases, soft suitcases, backpacks, office ranges, and duffle bags. It features a user-friendly interface with clear product categories, a search function, and a wishlist feature. The site also offers free standard delivery on orders over £50 and provides customer support through FAQs and contact information. It’s a well-designed e-commerce platform, clearly aiming to attract online shoppers looking for quality luggage.

Financially, Rocklands Luggage Ltd presents a concerning picture. Current assets have plummeted to a negative £32,000, while net assets are also negative, at -£27,000. Cash bank on hand, however, has increased to £5,100, which is a positive sign. Trade creditors have decreased significantly, falling by 100% to -£1, which is good. Debtors, however, have risen dramatically, increasing by 130% to -£37,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The negative asset values and large increase in debt suggest the company is burning through cash, and it’s a situation that needs to be addressed. It's a bit worrying, really.

Registered in England/Wales under the registration number 07231350, with a registered address at NW10 7XR, England, London, 174 Brent Crescent.

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