Rugs And Stuff Ltd

Rugs And Stuff Ltd from Arundel, UK, is a small, active company founded two years ago. With just two employees and £54,026 in assets, it’s a modest operation. The company, owned and directed by Syrimis Constantinos and Syrimi Kathleen, operates an e-commerce site and boasts a solid Google rating of 4.0 based on two reviews. It's a real address, with only one other company registered there.

The business specializes in high-quality, shaggy flokati rugs made in Greece, along with rug underlays and a bespoke cutting service. Its website, Rugs and Stuff, clearly targets customers looking for these specific items, offering free delivery on UK mainland orders. The site also promotes RugBuddy under-rug heating systems and offers a range of antislip underlays catering to various floor types.

Financially, Rugs And Stuff Ltd presents a mixed picture. Cash bank on hand decreased by 19% to £11,000, while creditors fell by 8.4% to £46,000. Debtor’s, however, plummeted by a whopping 690%, resulting in a negative balance of -£350. Equity increased by 200% to £11,000, but net current assets and liabilities rose significantly. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, which is typical for small companies.

The increase in creditors and the negative debtor balance could indicate some challenges with cash flow, but the rise in equity suggests a positive trend overall. It seems like the company is navigating the early stages of growth, focusing on its niche product range and online sales.

Registered in England/Wales under the registration number 14475422, with a registered address at BN18 0EQ, United Kingdom, Arundel, West Sussex, 2 The Poplars, Yapton.

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