Rosegate Limited

Rosegate Limited is a small, active company based in Manchester, UK, established eleven years ago in March 2014. With three employees and £629,941 in assets, it operates as a family business with three directors and two owners, the Rosenberg family. The company’s registered address is real, with only eight other companies sharing the same location. Rosegate Limited is a regular importer, specializing in jewelry, precious stones, and metals, with 31 months of import activity recorded, the latest in November 2024. It operates within the non-specialised wholesale trade industries.

The company’s website is minimal, offering little insight into its operations beyond its core business. There’s no indication of an e-commerce presence, suggesting a business-to-business model focused on wholesale distribution rather than direct retail. It seems Rosegate Limited is a behind-the-scenes player, supplying materials to other businesses.

Financially, Rosegate Limited presents a mixed picture. Current assets have decreased by 8.3% to £630,000, while net assets have fallen by 9.8% to £290,000. Bank borrowings have seen a significant change, with current overdrafts dropping by 39% to £77,000. Creditors have increased by 10% to £260,000, and trade debtors have risen by 25% to £140,000. Cash reserves have fallen by 6.1% to £59,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is something to keep an eye on. As a small company, it is exempt from an audit, so the financial statements are unaudited.

The increase in trade debtors could indicate a change in payment terms with customers or perhaps some delayed payments. The decline in cash reserves, while not alarming, suggests the company might be reinvesting in its business or facing tighter margins. It’s likely Rosegate Limited is navigating the typical challenges of a small business, balancing growth with financial stability.

Registered in England/Wales under the registration number 08922757, with a registered address at M3 7DU, England, Manchester, Office 7, Quebec Offices, Bury Street.

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