Rubyk Designz Ltd

Rubyk Designz Ltd is a small, family-run business based in London, UK, with an active status. Founded three years ago in December 2021, the company has one director and two owners, and employs just one person. Despite a real registered address, confirmation is overdue by three months. The company holds just £32 in assets.

Rubyk Designz Ltd operates in the retail sector, specifically focusing on the sale of textiles, clothing, and footwear through stalls and markets, as well as mail order and online channels. They also engage in artistic creation. Their website showcases a wide range of custom-printed items, including hoodies, t-shirts, mugs, and even canvas prints. They also sell retro games and collectables. The site is clearly geared towards e-commerce, offering custom printing services and a variety of designs.

Financially, Rubyk Designz Ltd’s numbers paint a mixed picture. Current assets have surged by a remarkable 3,100% to £32, but net assets have fallen by 57% to -£32. Bank borrowings remain at zero, and cash reserves have also risen significantly to £32. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible. There’s no mention of an auditor, which is common for small companies.

The sharp decline in equity is a concern, but the increase in assets and cash reserves indicates some positive momentum. It seems like the company is investing in its business, but needs to manage its liabilities carefully. The family business model, combined with a focus on custom printing and online sales, suggests a potential for growth, but also highlights the importance of financial discipline.

Registered in England/Wales under the registration number 13808816, with a registered address at E14 7FN, England, London, Lg01 Lascar Wharf Building, 21 Parnham Street.

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