Joe's Toes Ltd

Joe’s Toes Ltd is a small, active company based in Brighouse, UK, founded four years ago. With two employees and £23,906 in assets, it operates as a solo-founded e-commerce business with a real registered address and one director. The company specializes in crafting kits and supplies for making slippers and other felt projects, selling directly to customers through its website.

The website, Joe's Toes, showcases a wide range of handmade kits, from slipper kits for adults and babies to glasses cases, felt shapes, and even boot liners. Amanda Blackwell, the founder, highlights the company's commitment to British craftsmanship and sustainable materials, emphasizing the use of felt and offering a range of colors and designs. The site also features customer reviews, showcasing the quality of the products and the satisfaction of its clientele. A recent addition to the site is a focus on carbon neutrality, with a commitment to removing carbon from the air through verified projects.

Financially, Joe’s Toes Ltd presents a mixed picture. Current assets have fallen by a significant 63%, dropping to £24,000, while net assets have also declined by 20%, settling at £26,000. Cash bank on hand has suffered a dramatic 77% decrease, falling to £12,000. Debtors have plummeted by 97%, suggesting a focus on cash sales, but creditors have also decreased by 42%, which could indicate better management of supplier payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is a cause for concern. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Overall, Joe’s Toes Ltd appears to be a small, niche business facing some financial headwinds. The company's focus on handmade crafts and sustainability could provide a competitive advantage, but the declining equity and cash reserves will need to be addressed to ensure long-term viability.

Registered in England/Wales under the registration number 13180542, with a registered address at HD6 3NX, England, Brighouse, 9 Field Lane.

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