Rolling People Agency Ltd

Rolling People Agency Ltd, based in London, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2011, it employs six people and holds £1,306,049 in assets. The company operates from a real address and is managed by two directors and two owners. It’s a regular importer and exporter of clothing and accessories, not knitted or crocheted, with 25 months of import activity and 5 months of export activity recorded. The company also operates in the agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries.

The company’s website, rollingpeople.co.uk, is simple and functional, with a clear menu for navigating showroom, network, contact, and calendar information. It’s a straightforward online presence, reflecting a business focused on its core operations rather than extensive marketing.

Financially, Rolling People Agency Ltd shows some concerning trends. While current assets are up slightly at £1,300,000, net assets have fallen by 2.4% to £1,600,000. Bank borrowings have increased significantly, by 2,400%, reaching £29,000, and cash reserves have decreased by 30% to £28,000. Trade debtors have ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The average number of employees has increased by 50%, to nine people, which is a positive sign.

Overall, Rolling People Agency Ltd appears to be facing some financial headwinds. While it maintains a solid base of assets and a steady flow of imports and exports, the increase in debt and decrease in cash reserves suggest a need for careful financial management.

Registered in England/Wales under the registration number 07857562, with a registered address at N1 7LZ, England, London, 1 Underwood Row.

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