Besttohave Ltd

Besttohave Ltd, based in London, UK, is a small, active company established 11 years ago. With two employees and £93,299 in assets, it operates as an e-commerce site specializing in wedding engagement rings and jewelry. The company has a virtual address, with 28,840 other companies registered at the same location, and is managed by a single director and owner, Mon Aye Thanda.

The website, BestToHave, showcases a wide range of titanium, tungsten, and silver jewelry, with a particular focus on wedding bands and engagement rings. It offers fast, free delivery and caters to both men and women, with matching his-and-hers sets and a variety of styles. The site also highlights its bespoke designs, handmade sterling silver pieces, and commitment to offering value for money. It even caters to plus-size ring wearers, offering a wide range of sizes.

Financially, Besttohave Ltd presents a mixed picture. While current assets increased by 33% to £93,000, equity took a significant hit, dropping 830% to -£2,600. Bank borrowings increased by 12% to £69,000, and cash reserves grew by 6% to £53,000. Creditors also increased by 12% to £69,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the substantial equity decline suggests potential financial pressures. Depreciation on plant machinery increased by 46%, which might indicate investments in equipment or increased wear and tear. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Besttohave Ltd seems to be navigating a challenging financial landscape, but its focus on a niche market and commitment to unique designs could help it sustain its operations.

Registered in England/Wales under the registration number 08715664, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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