T & A Footwear Limited

T & A Footwear Limited, based in Leicester, UK, is a large company with an active status, having been established 21 years ago in March 2004. Employing 26 individuals, the business holds assets totaling £4,972,200. With a real address and six directors, alongside one owner, the company enjoys a stellar 5.0 Google rating based on a single review. It’s a regular importer of footwear and related items, having imported for 18 months, and a regular exporter for 9 months.

The company's website, TA Footwear, describes itself as a leading footwear supplier, dedicated to providing design, sales, quality, and sourcing services. They work closely with customers, from design concept to sales support, and have established partnerships with manufacturers in Asia, Europe, and India. The website highlights a focus on originality, quality, and design, and even mentions a portfolio.

Financially, T & A Footwear Limited presents a mixed picture. While bank borrowings have decreased significantly by 49%, falling to £370,000, cash and cash equivalents have plummeted by 88%, leaving just £14,000. This suggests a reliance on credit and a potential squeeze on liquidity. Administrative expenses have increased by 4.6%, reaching £1.8 million, and staff costs have risen by 11%, indicating growing operational costs. However, creditors have decreased by 1.6%, which could signal improved debt management. The company’s size—meeting two of three criteria for being large—suggests it’s a substantial player in its market. The accounts are audited by Moore, providing some assurance of their reliability.

Overall, T & A Footwear Limited seems to be navigating a period of change. While the company’s large size and strong supplier relationships are positive signs, the declining cash reserves and rising expenses warrant close attention. The decrease in bank borrowing is a positive, but the company will need to manage its working capital effectively to ensure its continued success.

Registered in England/Wales under the registration number 05073490, with a registered address at LE9 6QF, Leicester, The Barn 79 Sutton Lane, Sutton In The Elms, Broughton Astley.

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