Taylor Of Old Bond Street Ltd

Taylor of Old Bond Street Ltd, a London-based company, is a small holding company with an active status, having been established 61 years ago in December 1963. Employing 17 people, the company holds assets totaling £4,201,572, though its registered address is likely a virtual one, as 314 companies share the same location. It’s managed by two directors and owned by two individuals, though the list of owners changed eight years ago and isn’t exhaustive. The company regularly imports miscellaneous manufactured goods (28 months) and exports essential oils and perfumes (288 months).

The company operates in the hairdressing and beauty treatment, and retail sale industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Current assets have increased by a healthy 16%, reaching £4,200,000, while net assets have also risen by 19%, hitting £3,700,000. However, bank borrowings have jumped significantly, up 2,400% to £29,000, and cash reserves have fallen by 4.2% to £2,100,000. Trade debtors have increased substantially, by 77%, reaching £1,600,000, suggesting a possible reliance on customer payments.

The company's website, TOBS Luxury Grooming Products for Men, showcases a wide range of shaving, grooming, and hair care products, catering to a male audience. It offers free shipping for UK orders over £30 and features a loyalty program. The site's design is clean and modern, with high-quality product photography and detailed descriptions. It’s clearly an e-commerce business, with a focus on direct-to-consumer sales. The website also highlights the company's heritage and British craftsmanship, emphasizing its Jermyn Street store and offering personal shopping services. The site lists a wide range of countries it ships to, from Afghanistan to Zimbabwe.

The financial data suggests a mixed picture. While the company’s assets and net assets have grown, the surge in borrowings and decrease in cash reserves indicate a potential need for careful financial management. The increase in trade debtors could be a sign of growth, but also a risk if payments are delayed. The absence of an auditor mentioned in the report is typical for a small company, meaning the financial information is unaudited. Overall, Taylor of Old Bond Street Ltd appears to be a thriving business with a strong brand and online presence, but it's important to monitor its financial health closely.

Registered in England/Wales under the registration number 00785877, with a registered address at EC3V 3QQ, London, 73 Cornhill.

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