Taimbo Rauff Limited

Taimbo Rauff Limited, based in London, UK, is a small, active company founded five years ago in 2019. It’s a solo-founded operation with one director and owner, Sule-onosipe Taiwo Yusuff, and holds a real registered address. The company has a Google rating of 2.0 based on five reviews. It operates in the sea and coastal freight water transport and freight air transport industries, and is a regular importer, with its top import category being Various textile products, sets, used clothing, and rags, totaling six months of imports. The last import operation was conducted on March 01, 2023.

The company's website, accessed through Companies House, primarily functions as a public record and doesn’t appear to be an e-commerce platform. It provides company information, allows users to search for companies, and offers various services related to company registration and filings. There’s no indication of direct sales or product listings. The site’s focus is on providing government services and data, rather than operating a retail business.

Financially, Taimbo Rauff Limited presents a mixed picture. While cash bank on hand increased by a significant 270% to £4,200, net assets decreased by 44% to -£3,500. Creditors decreased by 6.5% to £14,000, which is good, but the significant equity decline suggests the company is burning through money. Loans from directors also decreased by 7.3% to £12,000. The company meets two of the three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of employees (zero reported) hints at a lean operation. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Taimbo Rauff Limited appears to be struggling financially, with a negative equity position. While it’s managed to increase its cash reserves, the significant losses and declining net assets raise concerns. It’s possible the company is in a growth phase, reinvesting profits back into the business, but the financial data suggests it’s operating close to the edge.

Registered in England/Wales under the registration number 12170590, with a registered address at SE8 3NT, London, 181 Deptford High Street.

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