Rolford Limited

Rolford Limited, based in Raunds, UK, is a small, family-run business with an active status, celebrating 18 years since its founding. Employing just two people, the company holds £234,475 in assets and operates from a real address. With three directors and two owners, Rolford Limited specializes in the wholesale of hides, skins, and leather. It regularly imports raw hides and skins (not fur) and leather, with 40 months of import activity recorded, the latest in November 2024. The company occasionally exports headgear and accessories, with just one month of export activity as of September 2021.

The company’s website, Rolford Leather, positions itself as a leading UK supplier of fine-quality leather hides, offering a wide range of products from corrected grain to suede. The site caters to various leathercraft projects, offering sample swatches and secure payment options. It’s clear the company is focused on online retail, with a strong emphasis on product variety and customer service. The site even highlights testimonials from satisfied customers, reinforcing its reputation for quality and reliability.

Financially, Rolford Limited presents a mixed picture. Current assets have decreased by 19%, falling to £230,000, while net assets have plummeted an astonishing 99%, leaving just £590. Bank borrowings have also decreased by 22%, dropping to £72,000, and cash reserves have fallen by 58%, settling at £24,000. Creditors have increased by 14%, reaching £160,000, which could be due to increased stock levels. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company, meaning the figures are unaudited.

Overall, Rolford Limited appears to be navigating a challenging financial landscape. While the online retail operation seems active and well-managed, the significant decline in equity suggests potential pressures. Whether the company can sustain its position as a leading leather supplier remains to be seen—but its focus on quality and customer service provides a solid foundation for future success.

Registered in England/Wales under the registration number 05876443, with a registered address at NN9 6BD, Raunds, Northants, Unit 5 Dean Close, Enterprise Road.

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