The Ragamuffins Media Ltd

The Ragamuffins Media Ltd is a small, active company based in Witney, UK, founded just two years ago in April 2023. It’s a family business with three directors and three owners, operating from a real address and meeting two of the three criteria for a small company: turnover under £10.2 million and assets under £5.1 million, with fewer than 50 employees.

The company’s website, while not provided, suggests a focus on retail sales via mail order and internet, alongside video production and distribution. It seems to be involved in creating and sharing video content, possibly through online platforms or direct sales. It’s unclear if they have an e-commerce presence or if their video content is monetized through advertising or subscriptions.

Financially, The Ragamuffins Media Ltd shows a concerning picture. All reported financial data is in GBP and unaudited. Current assets are zero, as are net assets. Bank borrowings are also zero, and cash reserves are zero. Turnover revenue is also zero. This suggests the company hasn's generated any income during the reporting period, which runs from April 5th, 2023, to April 5th, 2024. While it’s possible this is a new venture still ramping up, or a company operating on a project-based income model, the complete absence of financial activity is unusual. The company’s small size (meeting two of three criteria for a small company) helps it stay agile, but the complete lack of financial activity raises serious questions about its viability. With no auditor mentioned (likely exempt as a small company), the figures rely on director-reported data.

In short, The Ragamuffins Media Ltd appears to be struggling to get off the ground. While its family structure and focus on video content suggest potential, the complete absence of financial activity is a worrying sign.

Registered in England/Wales under the registration number 14785339, with a registered address at OX29 6ST, England, Witney, 5 Healey Court, North Leigh.

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