Ruby Macaw Ltd

Ruby Macaw Ltd, based in Aylesford, UK, is a small, family-run business with an active trading status. Founded four years ago in March 2021, it employs just three people and holds £232,677 in assets. The company operates from a real address and is managed by two directors and owners, Fleck Daniel and Fleck Martin James. It boasts a stellar 5.0 Google rating based on one review. Ruby Macaw is an irregular importer, primarily dealing in soaps, cleaning products, and waxes, with the most recent import activity occurring in October 2024.

The company’s website, salesrubymacaw.co.uk, positions Ruby Macaw as a wholesale supplier of party and event supplies. It offers a wide range of products, from candles and napkins to balloons and tableware, catering to both retail and hospitality customers. The site highlights its focus on renewable and biodegradable materials and its distribution partnership with Papstar. It also encourages resellers to inquire about trade accounts and provides contact information for customer support. The website’s design is simple, but it effectively showcases the product range and emphasizes the company’s commitment to colour and vibrancy.

Financially, Ruby Macaw Ltd presents a mixed picture. Current assets have decreased by 8.6% to £230,000, while bank borrowings have surged by a staggering 160% to £36,000. Cash reserves have plummeted 100% to just £4, a significant drop. Creditors have also decreased, suggesting improved debt management. Net assets, however, have turned positive, increasing by 220% to £1,600. 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 sharp decline in cash reserves warrants attention. The company is exempt from an audit as a small company, so the figures are unaudited.

While the business seems to be doing well with its wholesale operation, the financial data suggests a potential need to manage cash flow more effectively. The increase in borrowings may indicate a reliance on credit, and the low cash balance could create challenges in the future.

Registered in England/Wales under the registration number 13237564, with a registered address at ME20 7DT, United Kingdom, Aylesford, Aspen House, Old Mill Lane.

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