Taov Ltd

Taov Ltd is a small, active company based in London, UK, founded eleven years ago in 2013. It’s a solo-founded operation with a real address and a single director and owner, Tatiana Straughen. The company operates an e-commerce site and specializes in agents selling other particular products, wholesale and retail of watches and jewellery, and operates in related industries.

The website, The Ace of Vapez Distro, is a wholesale distributor of vape products, offering a wide range of mods, tanks, e-liquids, and accessories. It caters to retailers and boasts competitive pricing, fast delivery, and customer support. The site also features a "Big Distro Sale" and offers VIP login and WhatsApp broadcasts for updates. It's a well-stocked online store, clearly focused on the vaping market.

Financially, Taov Ltd presents a mixed picture. Cash bank on hand has plummeted by a staggering 97%, falling from £5,500 to just £150. Creditors remain steady at £470,000, while current assets have decreased by 6.5% to £51,000. Net assets also declined, falling 1.9% to -£420,000. Interestingly, trade debtors have shrunk by 22%, suggesting better collection of payments. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is common for small companies.

The significant drop in cash reserves and the negative equity raise concerns about the company’s financial health. It’s possible this is a temporary setback, perhaps due to increased inventory purchases or investments in the e-commerce platform. However, the trend suggests Taov Ltd may be burning through money faster than it’s generating revenue. It’s also worth noting that the company’s description of principal activities is missing, which is a little odd.

Registered in England/Wales under the registration number 08724840, with a registered address at N1 7GU, England, London, 21-22 Wenlock Road.

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