The Rugged Group Ltd

The Rugged Group Ltd, based in Ballachulish, UK, is a small, active company founded seven years ago. Employing just three people, it holds £46,373 in assets and operates from a real address shared by only two other companies. With two directors and two owners, it’s a relatively compact operation. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import activity recorded over two years ago in April 2022.

The company’s core business revolves around providing rugged computers, displays, keyboards, and other peripherals—a niche market catering to industrial and harsh environments. Its website showcases a wide range of products, from rugged tablets and smartphones to specialized connectivity solutions, emphasizing durability and reliability. They also offer bespoke design and customisation services, suggesting a focus on meeting specific client needs. The site also has a blog, which is a nice touch.

Financially, The Rugged Group Ltd shows some concerning trends. Current assets have fallen by 45%, dropping to £46,000, while net assets have plummeted 100%, leaving them at just £1,300. Bank borrowings have increased by 2400%, reaching £29,000, and cash reserves have fallen 41% to £32,000. Creditors have decreased by 56%, which is a positive sign, but the sharp decline in equity is a significant red flag. 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 remain flexible, but the equity drop suggests potential financial strain. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, The Rugged Group Ltd appears to be facing some financial challenges despite its specialized product offering and focus on custom solutions. Whether it can weather these pressures and continue to thrive in the rugged technology market remains to be seen.

Registered in Scotland under the registration number SC586439, with a registered address at PH49 4HP, Scotland, Ballachulish, River Coe Lodge, Glencoe.

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