The Oriental Rug Company Limited
- Small
- Active
- 17 years
- 6 employees
- £630,821 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- E-commerce
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
The Oriental Rug Company Limited, based in Petworth, UK, is a small, active business founded seventeen years ago. Employing six people and holding assets of £630,821, the company operates from a real address and is led by a single director and owner, a solo founder. It boasts a perfect 5.0 Google rating from two reviews and is a regular importer of carpets and textile floor coverings, with recent activity recorded as of December 2024.
The company’s website showcases a vast gallery of rugs and carpets, categorized by style, age, and origin—from antique and rare pieces to modern designs. It offers a range of services, including rug cleaning, repairs, and restoration, alongside a unique offering: HM The Queen's Embroidery and Coat of Arms rugs. The site also features a blog and video gallery, highlighting the company’s expertise and craftsmanship. It even offers a sample video, which is a nice touch.
Financially, The Oriental Rug Company Limited shows a mixed picture. Current assets have decreased by 6.9% to £630,000, while net assets have fallen by 42% to £60,000. Bank borrowings have decreased by 4.6%, and cash reserves have dropped significantly by 48% to £26,000. Creditors have decreased by 25%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity raises questions. As a small company, it is exempt from an audit, so the figures are unaudited.
The company’s director, Rees Alexander William, has recently changed, which is a good sign. It’s a bit concerning that the company’s equity has fallen, but the company's good Google rating and wide range of services suggest a loyal customer base.
Registered in England/Wales under the registration number 06546733, with a registered address at GU28 0AP, England, Petworth, West Sussex, Rugs Of Petworth, Golden Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 17 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Termination of appointment of Jennifer Mary Dawn Thorpe as a secretary on 2025-01-31Download 1 page pdf report
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Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
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Confirmation statement made on 2024-08-25 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about The Oriental Rug Company Limited
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