Ruscombe Ltd

Ruscombe Ltd is a small, active company based in Reading, UK, founded three years ago in 2021. It’s a solo founder operation with one director and one employee, holding £2,376 in assets. The company operates in the retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets industries. Officially, it has one owner or PSCs.

The company’s website, Ruscombe Management Services, provides professional consulting services to small and medium-sized businesses. After many years of experience advising and running small and medium-sized businesses, they are making their wealth of knowledge available to SMEs. Donald Stewart, a highly experienced corporate executive, leads the firm, boasting over 30 years of experience in providing professional advisory services. He’s published extensively on SME financing and regulatory developments.

Financially, Ruscombe Ltd presents a mixed picture. Current assets decreased by 1.1% to £2,400, while net assets also fell by 7.8% to £310. Cash reserves are a modest £270, down slightly from the previous year. Trade debtors remain at £2,100, and creditors are steady at £2,100. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity suggests a need for careful financial management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It’s a bit concerning that the company has been burning through cash, but hopefully, the consulting services are starting to generate more income.

Registered in England/Wales under the registration number 13517215, with a registered address at RG10 9AN, England, Reading, Unit 4 Longfield House Longfield Road, Twyford.

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