The Rugs Warehouse Ltd.

The Rugs Warehouse Ltd, based in London, UK, is a small, family-run business with an active status. Established 17 years ago in 2007, it employs four people and holds £205,803 in assets. The company operates from a real address and is managed by three directors and three owners. Boasting a perfect 5.0 Google rating from 159 reviews, it runs an e-commerce site specializing in carpets and textile floor coverings. It's a regular importer, having imported for 53 months, with the latest import occurring in December 2024. It also exports these products, though less frequently, with three months of export activity, the last being in September 2022.

The company’s website, therugswarehouse.co.uk, is a comprehensive online store offering a vast selection of rugs in various styles, patterns, colours, and brands. It caters to diverse tastes and budgets, from modern and traditional designs to luxury and hand-knotted pieces. The site also features a blog with helpful articles on rug care, interior design tips, and style guides. It’s clear the company is focused on providing a user-friendly online shopping experience.

Financially, The Rugs Warehouse Ltd presents a mixed picture. Cash bank on hand has decreased by 11%, dropping to £140,000. Net assets have fallen significantly, decreasing by 55% to £11,000. Bank borrowings have also increased, rising by 2.5% to £10,000. Creditors have increased by 2.7% to £220,000. 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 flexibility, but the decline in equity is concerning. There's no auditor mentioned, which is likely due to the company's exemption as a small entity. The company’s trade debtors have decreased by 14%, which is a positive sign. Overall, while the company maintains a strong online presence and positive customer reviews, the financial data suggests it’s facing some challenges.

Registered in England/Wales under the registration number 06353302, with a registered address at W4 5PY, England, London, Unit Pc.G13 The Light Box, 111 Power Road.

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