Rubies In The Rubble Ltd

Rubies In The Rubble Ltd is a small, active company based in London, UK, established thirteen years ago in February 2012. With a real address and thirteen employees, the company holds £638,553 in assets and is overseen by three directors and one owner. It’s a regular importer, specializing in plastics and plastic products, with eight months of import activity recorded, the last in September 2024. The company operates across several industries, including fruit and vegetable processing, wholesale food distribution, and retail food and beverage sales.

The company’s website is currently unavailable, making it difficult to assess its e-commerce presence or direct sales activities. However, the company’s diverse industry involvement suggests a multifaceted business model, potentially involving both wholesale and retail channels.

Financially, Rubies In The Rubble Ltd presents a mixed picture. While cash reserves have seen a remarkable 440% increase to £180,000, other key metrics show concerning trends. Net assets have declined by 15% to -£3.7 million, and average employee numbers have fallen by 31% to just nine. Creditors have increased by 92% to £330,000, and trade debtors have risen by 52% to £270,000, suggesting potential difficulties in managing payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline warrants closer examination. The accounts are abridged and unaudited, with no auditor mentioned, relying on director-reported data.

Despite the financial pressures, the company’s continued import activity and diverse industry involvement indicate resilience. However, the decline in employee numbers and the increase in debt raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 07931505, with a registered address at W14 8AA, England, London, 20 Ilchester Place Ilchester Place.

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