Rugged Limited

Rugged Ltd from Gravesend UK: a small, active company founded 14 years ago, operates with a single employee and holds £146,450 in assets. It’s a solo founder operation, managed by one director and owner, and utilizes a virtual address – a fact highlighted by the presence of 65 other companies registered at the same location. The company regularly imports machinery, boilers, and mechanical appliances; parts, with 59 months of import activity, and exports the same items, albeit for a shorter period of 6 months.

The company’s website, Rugged London, focuses on selling bespoke handmade wooden furniture and quality home supplies. Delivery costs vary depending on postcode, with a tiered system ranging from £59.99 to £150.00, and even higher for larger items requiring their own driver, Tony. Customers can also collect orders from their premises in Chislehurst. The website showcases a wide range of products, including scaffold boards, timber, outdoor furniture, and even stoves, alongside a cut-to-size service and DIY kits. It’s clear Rugged London caters to both DIY enthusiasts and businesses seeking quality timber and outdoor solutions.

Financially, Rugged Ltd presents a mixed picture. While bank borrowings decreased by 14% to £34,000, cash reserves jumped a substantial 59% to £90,000 – a positive sign of improved liquidity. However, creditors increased significantly, rising 31% to £110,000 within a year, which could indicate growing operational expenses. The company’s net assets, though, experienced a dramatic turnaround, increasing by 170% to £11,000 after a previous loss, suggesting a recovery from past challenges. Trade debtors also increased considerably, by 61% to £27,000. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), Rugged Ltd benefits from simplified reporting requirements and is exempt from an audit. Despite the lack of an auditor, the company's financial data shows signs of stabilization, though the increased creditors warrant close monitoring.

Registered in England/Wales under the registration number 07274675, with a registered address at DA12 5UE, United Kingdom, Gravesend, Kent, Alva House, Valley Drive.

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