Penelope Tom Direct Limited

Penelope Tom Direct Limited, based in Kingsbridge, UK, is a small holding company with an active status, established eleven years ago in 2013. Employing sixteen people, the company holds assets valued at £299,063 and operates from a real address within the South Hams Business Park. It’s managed by two directors and owned by one individual, and features a thriving e-commerce site with an impressive Google rating of 5.0 based on twenty-four reviews.

The company’s website, penelopetom.com, showcases a wide range of unique gift ideas, homewares, and personalised jewellery. It’s a curated selection of unusual and tasteful gifts, with a focus on British craftsmanship and family ownership. The site is well-designed and easy to navigate, featuring clear product categories, secure payment options, and helpful customer support. It seems to be a popular destination for those seeking distinctive presents and stylish home accessories.

Financially, Penelope Tom Direct Limited presents a mixed picture. Current assets have decreased by 17%, falling to £300,000, while net assets have seen a more significant drop of 20%, reaching £240,000. Bank borrowings have increased by a modest 2.4%, standing at £10,000, and cash reserves have grown by 8.1%, reaching £99,000. Creditors have increased by 7.8%, reaching £110,000, and trade debtors have fallen significantly by 64%, to £16,000. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the decline in equity raises questions about its long-term sustainability. It’s worth noting that the company is exempt from an audit due to its size, so the figures are unaudited.

The company’s financial data suggests it may be experiencing some challenges in managing its working capital. The decrease in debtors and increase in creditors could indicate difficulties in collecting payments from customers or managing supplier relationships. However, the growth in cash reserves provides a cushion against these pressures. The company’s success hinges on maintaining its strong online reputation and continuing to attract customers seeking unique gifts.

Registered in England/Wales under the registration number 08671135, with a registered address at TQ7 3QH, United Kingdom, Kingsbridge, Devon, Unit 5d - 5i South Hams Business Park.

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