Tabby Luggage Ltd

Tabby Luggage Ltd, based in Leicester, UK, is a small, active company founded just one year ago. With two employees and £66,252 in assets, it operates as a family business with a virtual address, a common setup for smaller online retailers. The company has two directors and two owners, and is registered at an address shared by eighty other companies, which is a bit unusual. It’s an irregular importer, bringing in electrical machinery and equipment for a couple of months, with the last import occurring in December 2024. The business runs an e-commerce site selling luggage sets, economy collections, and aluminium luggage, offering free shipping on UK orders.

The website showcases a range of luggage options, from economy sets to premium aluminium collections, with a focus on online sales and a modern, user-friendly design. It's clear the company is aiming to redefine travel with its products, and the site includes blog content, warranty information, and even a TSA lock setup guide—a nice touch for international travellers. The site also has a section for families and travelers, and offers a range of luggage sets, economy sets, and aluminium sets.

Financially, Tabby Luggage Ltd presents a mixed picture. While its small size (meeting two of three conditions for a small company) allows for agility, its net assets are currently at -£54,000, a significant negative figure. Cash reserves are a modest £15,000, and bank borrowings remain at £120,000. Creditors are steady at £5,400, and current assets are £66,000. The company's trade debtors are £8,200. The lack of an auditor mentioned suggests the company is exempt from an audit as a small business.

Overall, Tabby Luggage Ltd seems to be navigating early-stage challenges. While the e-commerce site appears well-designed and focused on customer experience, the negative equity suggests the company is burning through cash. Whether the business can achieve sustainable growth remains to be seen—but its focus on online sales and family ownership could be key to its long-term success.

Registered in England/Wales under the registration number 14956266, with a registered address at LE19 4SA, England, Leicester, 19 Warren Park Way, Enderby.

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