Ruthkay Limited

Ruthkay Ltd from Peterborough UK: a small, active company founded 54 years ago, employs 16 people, and holds £1,326,537 in assets. It's a solo-founded business with two directors and a real address, operating an e-commerce site and regularly importing furniture, lighting, and prefabricated buildings—with seven months of import activity recorded up to May 2022.

The company’s website, while not fully detailed, indicates a diverse range of activities. It appears to be involved in growing cereals, repairing transport equipment, and offering retail services—a rather eclectic mix. The e-commerce site is a key component of its operations, suggesting a focus on direct-to-consumer sales.

Financially, Ruthkay Ltd presents a mixed picture. Current assets have decreased by 24% to £1,300,000, while net assets have fallen by 16% to £1,600,000. Bank borrowings have dropped by 82% to £920, and cash reserves have declined by 35% to £660,000. Creditors have decreased by 23%, which is a positive sign. Trade debtors have increased by 79%, which could indicate a build-up of outstanding payments. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and there is no auditor mentioned, likely due to its small size.

The significant decrease in equity raises questions, although it's important to note that the company’s long-standing presence suggests resilience. The decrease in cash reserves may be due to investments in inventory or operational expenses, and the increase in trade debtors could reflect a change in payment terms with customers. Overall, Ruthkay Ltd seems to be navigating a period of change, and its ability to adapt to these challenges will be crucial for its future success.

Registered in England/Wales under the registration number 00996967, with a registered address at PE6 0EF, Peterborough, 60a North Street, Crowland.

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