Ruscigno Ltd

Ruscigno Ltd from London UK: a small, active company founded nine years ago, employs two people, and holds £82,373 in assets. It's led by one director and owner, and operates from a real address. The company is an irregular importer of miscellaneous chemical products, with just one month of imports recorded as of December 2023. It also operates in the floor and wall covering, and painting industries.

The company's website isn't particularly elaborate, but it does showcase a range of services, including floor and wall coverings and painting. There's no clear indication of e-commerce functionality—it appears to be more of a brochure site, detailing services rather than facilitating online sales.

Financially, Ruscigno Ltd shows a mixed picture. Current assets have decreased by 21%, dropping to £82,000, while cash reserves have fallen by 31%, sitting at £61,000. Equity has taken a significant hit, plummeting 95% to just £750. Creditors have decreased slightly, down 10%, and trade creditors have increased by 80%. It's a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The accounts are "filleted" and unaudited, relying on director-reported data.

The sharp decline in equity is a notable concern, suggesting potential losses or a draw on personal funds. The decrease in cash reserves, while not catastrophic, warrants monitoring. The company’s small size allows for agility, but the financial pressures are evident. No auditor is mentioned, which is typical for small, exempt companies.

Registered in England/Wales under the registration number 09666350, with a registered address at SW20 0QT, England, London, 174 Coombe Lane.

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