Seven Towns Limited

Seven Towns Ltd is a small, active company established 61 years ago in 1963, boasting a real address and employing 16 people. With £3,213,475 in assets, it's a family business with five directors and four owners, and a long history of operating in the toy and game industry. It’s an irregular importer, having imported toys, games, and sports equipment for just one month, with the last import occurring in November 2018.

The company’s website reveals a fascinating story. Since its founding, Seven Towns Ltd has introduced more than 350 original toys and games, evolving into a highly acclaimed toy invention company. It specializes in invention, design, product engineering, and collaborates with independent inventors, negotiating licensing agreements. The company works with licensees worldwide, attending major trade fairs globally. It’s areas of expertise include games, craft activities, preschool products, dolls, vehicles, action figures and outdoorsports items. The website also mentions a subsidiary, Export & General Insurance Services Limited.

Financially, Seven Towns Ltd presents a mixed picture. Current assets decreased by 11% to £3,200,000, while net assets fell by 3.9% to £6,900,000. Cash reserves took a significant hit, dropping 62% to £610,000. Trade debtors, however, saw a substantial increase of 60%, reaching £1,200,000. Bank borrowings have decreased significantly, and creditors increased by 1%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in cash reserves is a cause for concern. The company’s accounts are unaudited, and no auditor is mentioned.

Overall, Seven Towns Ltd is a long-standing business navigating a changing market. Its focus on innovation and collaboration, combined with its family-run structure, could be strengths, but the financial data suggests it's facing some challenges.

Registered in England/Wales under the registration number 00785263, with a registered address at W11 2SH, 7 Lambton Place, London.

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