Rujo Limited

Rujo Limited, based in Kirkcaldy, UK, is a small, active company established eleven years ago. Despite confirmation being overdue for a year, the business operates with a solo founder, one director, and a single employee. With £77,173 in assets and a real address, Rujo Limited runs an e-commerce site specializing in handmade cowboy boots for men and women. It’s an irregular importer, with its last import activity dating back to 2018.

The company’s website, Rujo Boots, showcases a wide range of authentic, handmade cowboy boots and related accessories crafted from premium exotic leathers like caiman, ostrich, and alligator. Beyond boots, the site also features leather bags, wallets, and other essentials, emphasizing quality and craftsmanship. The site’s branding and aesthetic suggest a focus on luxury and heritage, appealing to a niche market of discerning customers.

Financially, Rujo Limited’s recent performance presents a mixed picture. While current assets have increased significantly to £77,000, net assets have decreased to -£46,000. Bank overdrafts have also risen substantially, reaching £46,000. Creditors have increased dramatically, ballooning to £130,000. Although the company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million, the decline in equity and increase in liabilities suggest it’s burning through cash. No auditor is mentioned, likely due to its small size, so the figures are unaudited.

The company’s reliance on a single founder and director, coupled with the increase in debt, indicates potential management challenges. While the e-commerce platform appears to be functioning well, the financial data suggests a need for careful cash flow management and possibly a re-evaluation of its business model.

Registered in Scotland under the registration number SC469521, with a registered address at KY1 3NS, Scotland, Kirkcaldy, Balbeggie House, Balbeggie Avenue.

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