Rukundo Ltd

Rukundo Ltd is a small, active company based in Reading, UK, founded three years ago in May 2021. It’s a solo-founded operation with one director and owner, Ndimurukundo Patrick, and holds £10,366 in assets. The company operates from a real address and is registered as a private limited company. Rukundo Ltd’s core business revolves around wholesale and retail – specifically, coffee, tea, cocoa, and spices – alongside online retail and sales in non-specialized stores. It’s also involved in supporting communities in Uganda through programs like a preparatory school, girls’ empowerment initiatives, and agricultural cooperatives.

The company’s website, Rukundo International, paints a picture of a nonprofit organization dedicated to empowering vulnerable populations in Kabale, Uganda. It runs a preparatory school for over 200 children, offers community outreach programs, and provides scholarships to high-performing students. The site highlights a focus on education, hygiene, nutrition, and economic empowerment, with a clear emphasis on partnership and sustainability. It’s a pretty active site, with a blog, newsletter, and plans section.

Financially, Rukundo Ltd shows a mixed picture. Current assets have fallen significantly, dropping 59% to £10,000, while net assets have also declined, now sitting at -£13,000. Cash bank on hand has plummeted 54%, leaving just £9,400. Borrowings have decreased, though, and creditors have also fallen, which could be a positive sign. The company’s small size – meeting two of three criteria for a small company – helps it stay flexible, but the sharp decline in equity is concerning. With no auditor mentioned, the figures are unaudited.

Overall, Rukundo Ltd appears to be navigating a challenging financial period, despite its strong community focus and active online presence. The company's reliance on donations and grants, as highlighted on its website, likely plays a significant role in its financial health.

Registered in England/Wales under the registration number 13388405, with a registered address at RG2 9GF, England, Reading, 14 Whitethorn, Shinfield.

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