Taitoo Ltd

Taitoo Ltd from Hyde, UK, is a small, active company founded thirteen years ago. While it operates an e-commerce site, the business is currently facing challenges, with accounts and confirmation statements overdue for four years and operating from a virtual address shared by seventeen other companies. The company has two directors and one owner, who is also the solo founder.

The company’s website, Tattoo Industry Corporation Ltd, showcases a diverse range of products and services catering to the tattoo, piercing, and permanent makeup industries. It offers supplies, hygiene products, and aftercare solutions for both professionals and enthusiasts, with a focus on quality and innovation. The site features separate sections for "Tattoo Edition," "Piercing Edition," and a dedicated "About Us" page, along with news, a newsletter, and contact information. It’s clear that the company is actively promoting its products and services through a well-designed website and engaging content.

Financially, Taitoo Ltd’s picture is a bit mixed. While cash reserves have increased by a significant 220% to £1,100, net current assets liabilities have worsened to -£7,900. Property, plant, and equipment have seen a substantial increase of 190% to £1,600, but trade creditors have also risen, suggesting potential cash flow pressures. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity and the reliance on bank borrowings are concerning. With no auditor mentioned, the financial data is unaudited.

Overall, Taitoo Ltd appears to be navigating a difficult period. While the e-commerce side seems vibrant, the financial data suggests the company is burning through money. Whether the company can turn things around will depend on its ability to manage cash flow and sustain its customer base.

Registered in England/Wales under the registration number 07801949, with a registered address at SK14 1ND, Hyde, Cheshire, Library Chambers, 48 Union Street.

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