Ronning Ltd

Ronning Everyday Uniform, based in London, UK, is a small company with a focus on classic, everyday menswear. Founded in 2020, it currently employs just one person, holding £100,000 in assets. The company's website showcases a curated selection of clothing – trousers, tops, jackets, knitwear, and accessories – all designed in East London and delivered globally. It’s a straightforward operation, with a director overseeing the business and a real registered address.

The website, ronninguniform.com, functions as an e-commerce platform, allowing customers to browse and purchase items directly. There's no physical store mentioned, so the business is entirely online. The site emphasizes quality materials and timeless design, appealing to a customer base seeking durable, stylish essentials. The aesthetic is clean and minimalist, with a focus on product photography and clear navigation. The site also includes sections for "Info" (covering materials, shipping, returns, and contact details) and a "News" section, suggesting a desire to engage with customers beyond just sales. They also offer a recurring purchase option, which is a nice touch.

Financially, Ronning Everyday Uniform presents a mixed picture. While cash bank on hand has seen a remarkable surge, increasing by 180% to £100,000, other areas raise concerns. Creditors have ballooned by 220% to £500,000, and other creditors have increased by a staggering 380% to £120,000. Tax and social security payable have also risen significantly, by 320% to £33,000. Total inventories have jumped 370% to £290,000, which could indicate a build-up of stock. Debtors have also increased by 110% to £210,000. Despite these challenges, retained earnings have grown by 140% to £100,000. The company is classified as audit exempt with an accountants report, so the accounts are unaudited. The company's Filleted Accounts are prepared under FRS 102.

The substantial increase in creditors and other debts, combined with the rise in stock levels, suggests that Ronning Everyday Uniform might be burning through cash to fuel growth. It’s possible the company has invested heavily in inventory or marketing to expand its reach, but the rising debt levels could become unsustainable if sales don't keep pace. The increase in cash reserves is a positive sign, but it’s crucial to monitor the company’s ability to manage its liabilities effectively.

Registered in England/Wales under the registration number 10758624, with a registered address at N5 2ER, United Kingdom, London, Office 408, Screenworks 22 Highbury Grove.

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