Tassia Limited

Tassia Limited, based in Potters Bar, UK, is a small, active company with a rich history, having been founded 79 years ago in 1945. With fourteen employees and £792,257 in assets, it’s a well-established player in its sector. The company operates with two directors and one owner, and boasts a real registered address. Tassia specializes in importing and exporting leather goods, travel bags, and animal harnesses, with a long track record of 90 months of import activity and 17 months of export activity.

The company's website, Tassia Leather Goods UK, showcases a wide range of products, from briefcases and laptop bags to suitcases and vanity cases. It's clear that Tassia operates primarily as a wholesale supplier to the trade, offering a diverse selection of luggage, bags, and travel goods in classic and contemporary styles. The site emphasizes quality, competitive pricing, and guaranteed products, suggesting a focus on building strong relationships with its business customers. They also offer a wide range of services, including design, manufacturing, and international wholesaling.

Financially, Tassia Limited presents a mixed picture. Current assets have decreased by 14%, falling to £790,000, while net assets have increased slightly to £410,000. Bank cash has increased by a respectable 36%, rising to £33,000, and creditors have decreased by 24%, indicating improved management of short-term liabilities. However, the number of employees has fallen by 21%, dropping to eleven, which could be a sign of restructuring or cost-cutting measures. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the decrease in employees is something to keep an eye on. The accounts are unaudited and exempt, relying on director-reported data.

Overall, Tassia Limited appears to be a stable, long-standing business navigating the challenges of a competitive market. While the decrease in employees is a point of interest, the company's financial position seems relatively healthy, and its focus on quality and customer service suggests a solid foundation for continued success.

Registered in England/Wales under the registration number 00398387, with a registered address at EN6 3JN, England, Potters Bar, Unit 1(Left), Cranborne Road.

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