RUT 5 LIMITED
Company number 08413363 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
RUT 5 LIMITED exemplifies the over-trading failure pattern that afflicts many small UK manufacturing businesses in the construction supply chain. While the company demonstrated rapid growth and profitability on paper—net assets increasing from £40,670 to £249,423 between 2014 and 2015—this expansion was financed through unsustainable leverage and creditor reliance rather than adequate equity, with secured debt exceeding £387K against minimal share capital of just £2. The dangerously thin working capital position (net current assets of only £11,327 on a £2.18M asset base), combined with ballooning debtors and inventory, left the business fatally exposed to the payment delays and margin pressures endemic in the UK construction sector. The company's ultimate liquidation was the predictable consequence of growing beyond its capital capacity in a sector where cash flow management is the primary determinant of survival.
Shareholders' funds
£249,423
Balance sheet as at 2015-07-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-02-21
- Registered office
- C/O Irwin & Company Station House, Midland Drive, Sutton Coldfield, West Midlands, B72 1TU
- Postcode
- B72 1TU
- Capital
- 2 GBP
- Accounts category
- Total Exemption Small
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2016-07-31
- Next due by
- 2018-04-30 Overdue
- Financial year end
- 31 July
Confirmation statement
- Last statement dated
- 2017-02-21
- Next due by
- 2018-03-07 Overdue
Nature of business (SIC)
- 16230 Manufacture of other builders' carpentry and joinery
Officers 3 current
Previous registered addresses 3
| Address | Changed on |
|---|---|
| UNITS 3-4 RIVERSIDE, MARKET HARBOROUGH, LEICESTERSHIRE, LE16 7PT | 2017-11-21 |
| LAUNDE LODGE FARM LAUNDE ROAD, LAUNDE, LEICESTERSHIRE, LE7 9XB | 2015-03-12 |
| 16 KINGS HEAD PLACE, MARKET HARBOROUGH, LE16 7JT, UNITED KINGDOM | 2013-05-09 |
The class of 2013
44%
of the 205 companies in this sector incorporated in 2013 are still active today; 51% have since been dissolved.
A fact about the year, not a forecast for this company.