The Rag At Rawnsley Limited

The Rag Country Inn At Rawnsley Limited, based in Staffordshire, UK, is a small, active family business established seventeen years ago. Employing twenty-seven people, it holds £190,000 in assets and boasts a stellar 5.0 Google rating from 881 reviews. The company operates as an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings—just one month of imports were recorded as of June 01, 2023. It’s a tight-knit operation with three directors and two owners, including Michael and Stephanie Benniston, who are also the faces behind the inn. The business’s website highlights its role as a pub, restaurant, hotel, and accommodation provider on the edge of Cannock Chase, catering to walkers, mountain bikers, and visitors.

The Rag Country Inn’s core business revolves around providing a dining and lodging experience, with a focus on home-cooked food, real ales, and tastefully furnished rooms. The website also promotes motorhome pitches and garage facilities for mountain bikes, showcasing a range of amenities. The inn’s commitment to fresh, local ingredients and a relaxed atmosphere is central to its appeal. It’s clear the business is focused on creating a welcoming environment for guests.

Financially, The Rag Country Inn shows a mixed picture. Current assets declined by 23%, falling to £15,000, while net assets remained steady at £190,000. Bank borrowings increased by 27%, reaching £53,000, and cash reserves decreased by 37%, ending at £7,300. Creditors also rose, increasing by 7.5% to £330,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in cash reserves suggests a need for careful financial management. As a small company, it’s exempt from an audit, so the figures are unaudited.

The business’s financial performance appears to be holding steady, but the decline in cash reserves warrants attention. The inn’s focus on hospitality and its location in a scenic area provide a strong foundation, but ongoing financial discipline will be key to its long-term success.

Registered in England/Wales under the registration number 06423636, with a registered address at WS12 0QD, Staffordshire, Ironstone Road, Cannock.

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