Rolseley Limited

Rolseley Limited, based in Hove, UK, is a small, active company founded seven years ago. With four employees and £49,655 in assets, it’s a modest operation led by one director and owner, Tupikas Rolandas. The company boasts a perfect 5.0 Google rating based on a single review, indicating strong customer satisfaction. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not fully detailed, suggests a focus on office accessories. It’s likely an e-commerce business, selling supplies directly to customers online. The lack of a fully developed website, however, means the exact scope of its offerings remains unclear.

Financially, Rolseley Limited presents a mixed picture. While cash bank on hand increased significantly by 91% to £32,000, current assets also rose by 8.5% to £50,000. However, debtors plummeted by a staggering 92% to just £840—a concerning trend that suggests potential issues with collecting payments. Equity also declined by 2.3% to £32,000. Bank borrowings decreased by 31%, and creditors also fell by 31%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity warrants closer attention. The company’s auditor is not mentioned, likely due to its small size and exemption from an audit. The company’s director loaned the company money for working capital purposes, which was interest free.

Overall, Rolseley Limited appears to be navigating a period of change. While cash flow has improved, the sharp decline in debtors and the decrease in equity suggest potential challenges ahead.

Registered in England/Wales under the registration number 10944953, with a registered address at BN3 3LW, England, Hove, Unit 1c Stockwell Lodge Studios, Rear Of 129-133 Conway Street.

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