Design Toscano Uk Ltd

Design Toscano Uk Ltd is a small, holding company registered in Weston-Super-Mare, UK, with an active status. Founded thirteen years ago in January 2012, it employs just two people and holds £665,781 in assets. The company, with two directors and one owner, operates from a real address shared by three other businesses. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 40 months of import activity recorded, the latest in December 2021. It also exports these items, though irregularly, with just two months of export activity as of July 2024.

The company’s website is not available, making it difficult to determine the exact nature of its online presence. However, its description indicates it operates in the retail sale via mail order houses or via internet industries. This suggests a focus on online sales, potentially with a catalog-style approach.

Financially, Design Toscano Uk Ltd shows some concerning trends. Current assets have plummeted by 39%, dropping to £670,000, while net assets have also decreased significantly by 33%, reaching £590,000. Equity has taken a particularly hard hit, falling 100% to -£2,700. Bank borrowings have remained stable, and cash reserves have increased slightly by 1%, reaching £77,000. Trade debtors have also decreased by 3.8%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may allow for flexibility, but the sharp decline in equity suggests potential financial strain. There is no auditor mentioned, likely due to its status as a small company, so the figures are unaudited.

The company’s reliance on imports, coupled with the recent decrease in assets, could indicate challenges in maintaining a steady supply chain. The small number of employees suggests a lean operation, but it also limits its ability to scale quickly. It is likely that the company is facing some financial difficulties, but it is too early to say whether it will be able to recover.

Registered in England/Wales under the registration number 07913773, with a registered address at BS23 1NF, United Kingdom, Weston-Super-Mare, Somerset, Four Fifty Partnership, 34 Boulevard.

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