Rouxco Ltd

Rouxco Ltd from London UK: a small, active company founded 12 years ago, is facing some financial challenges. Despite holding £180,315 in assets and having a real address, the company's accounts and confirmation statements are two years overdue. It’s a one-person show, with one director and one owner, Le Roux Roelof Johannes, at the helm. The business is an irregular importer, primarily bringing in prepared or preserved plant-based foods—just one month of imports were recorded.

The company operates in a variety of industries, including the manufacture of oils and fats, retail sales via mail order and internet, management consultancy, and wholesale of dairy products. Its website, inforouxco.com, presents itself as an independent insurance agency, offering personal and business insurance solutions. The site emphasizes a customer-centric approach, with services like a client portal, insurance quotes, and video consultations. It even has a section dedicated to explaining insurance complexities with interactive graphics.

Financially, Rouxco Ltd’s numbers paint a concerning picture. Cash bank on hand has plummeted by a staggering 96%, falling to just £2,500. Trade debtors have ballooned by 86%, reaching £180,000, which could indicate difficulties collecting payments. Equity has also taken a hit, decreasing by 120% to -£21,000. While creditors have increased by 13% to £200,000, the significant drop in cash and equity suggests the company is burning through money. The company is a small business, meeting two of three conditions for classification (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees), and no auditor is mentioned, indicating exemption as a small company.

The overdue accounts and confirmation statements, coupled with the negative equity, raise questions about Rouxco Ltd’s financial health. While the insurance agency model shows promise, the company needs to address its cash flow issues to ensure its long-term viability.

Registered in England/Wales under the registration number 08196325, with a registered address at SW1H 0HW, England, London, Suite 39 77 Victoria Street.

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