Ruthless Cartel Limited

Ruthless Cartel Limited is a small, active company based in Chelmsford, UK, founded four years ago in 2020. With just one employee and £867 in assets, it’s a solo-founded operation led by a single director and owner, Hall Steven John. The company operates in the retail sale via mail order houses or via internet industries. Its real address is registered at Swift House, 18 Hoffmanns Way.

The company's website, though not detailed, suggests a focus on online retail. It's unclear what specific products or services Ruthless Cartel Limited offers, but the business model appears to be centered around e-commerce.

Financially, Ruthless Cartel Limited presents a mixed picture. Current assets increased by 72% to £870, while net assets decreased by 24% to -£4,500. Bank borrowings remained unchanged, and cash reserves are not reported. Creditors increased by 11% to £4,600. 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 negative equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's reliance on a single employee and its limited financial resources suggest it's a lean operation, potentially facing challenges in scaling its business. The negative equity could indicate that the company is burning through money, although it’s also possible that it’s reinvesting in its business.

Registered in England/Wales under the registration number 12866971, with a registered address at EC1V 2NX, England, London, 152-160 City Road.

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