Tatty Devine Limited

Tatty Devine Ltd, a London-based company, is a small, active business founded eighteen years ago. With twenty-four employees and £585,984 in assets, it operates from a real address and is overseen by six directors and two owners. The company runs an e-commerce site and regularly exports jewelry, precious stones, and metals, with seven months of export activity recorded.

The company’s website showcases a vibrant collection of original, handmade jewelry in the UK. It features collaborations with renowned artists like Grayson Perry and Bowie, alongside its own signature designs. The site offers a wide range of products, from necklaces and earrings to personalized name necklaces and bespoke jewelry-making kits. It also hosts events, workshops, and a blog, demonstrating a commitment to community engagement and creative expression.

Financially, Tatty Devine Ltd’s recent report reveals a mixed picture. Current assets have decreased by 22%, dropping to £590,000, while net assets have fallen by 29%, reaching £450,000. Bank borrowings have seen a significant increase of 33%, rising to £21,000, and cash reserves have declined by 42%, sitting at £300,000. Creditors, however, have decreased by 21%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The decline in cash reserves and net assets, despite a decrease in creditors, could be attributed to increased investment in inventory or marketing efforts to support the company’s collaborations and online presence. It’s likely that the company is reinvesting profits to fuel growth, but it’s important to monitor these trends closely to ensure long-term financial stability.

Registered in England/Wales under the registration number 05823180, with a registered address at E2 9DQ, England, London, 45 Vyner Street.

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