Rutland London Limited

Rutland London Ltd is a small, family-run business based in Winchester, UK, with an active trading status. Founded nine years ago in 2015, the company employs twelve people and holds £319,362 in assets. Operating from a virtual address—where 182 companies are registered—it’s managed by three directors and owned by two individuals. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for six months, and exports electrical machinery and equipment for six months.

The company’s website showcases a luxury bathroom and heating product supplier, emphasizing enduring quality and design. It’s clear that Rutland London operates a showroom by appointment only, and online orders are processed automatically even during holiday closures. The website details a wide range of products, from vanity suites and heated towel rails to radiators and lighting, with a focus on bespoke finishes and craftsmanship. It’s clear that the business is targeting a high-end market, with a focus on both traditional and contemporary styles.

Financially, Rutland London Ltd presents a mixed picture. Current assets have decreased by 30% to £320,000, while net assets have fallen 24% to £100,000. Cash reserves have also decreased by 39%, now standing at £180,000. Trade debtors have plummeted by a significant 92%, suggesting potential issues with customer payments, and creditors have also decreased by 50%. The company's small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity is concerning. The company is exempt from an audit, so the financial statements are unaudited.

The decrease in cash reserves and the increase in bank borrowings could indicate that the company is burning through money, though it’s also possible that increased investment in inventory or marketing is driving these changes. The decrease in trade debtors is a positive sign, suggesting improved debt collection, but the overall financial picture suggests that Rutland London Ltd needs to carefully manage its cash flow to ensure its long-term sustainability.

Registered in England/Wales under the registration number 09926280, with a registered address at SO23 9HJ, United Kingdom, Winchester, Hampshire, 25 St Thomas Street.

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