The Travelwrap Company Ltd

The Travelwrap Company Ltd, based in Lymington, UK, is a small, family-run business with an active status. Founded 18 years ago in 2006, it employs just two people and holds £63,487 in assets. Operating from a virtual address – where forty-four companies are registered – the company is managed by two directors and two owners. It runs an e-commerce site and has earned a perfect 5.0 Google rating from seven reviews. The company is an irregular exporter, with its top export categories including Clothing and accessories made by knitting or crocheting, totaling 1 of months exports. The last export operation took place on May 01, 2017.

The company’s website showcases a range of luxury cashmere wraps and accessories, emphasizing British craftsmanship and a personal touch. It’s clear the company is focused on online retail, with a website designed for easy browsing and secure online ordering.

Financially, The Travelwrap Company Ltd presents a mixed picture. Current assets have decreased by 14%, falling to £63,000. Net assets have also seen a significant drop, plummeting 33% to -£60,000. Bank borrowings have increased by 2400%, reaching £29,000, while cash reserves have fallen 9.3% to £10,000. Creditors have also increased by 11%, reaching £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity raises questions. The company is exempt from an audit, so the figures are unaudited.

It’s clear that The Travelwrap Company Ltd is facing some financial pressure, despite its strong online presence and positive customer reviews. Whether the company can maintain its growth and profitability in the long term remains to be seen.

Registered in England/Wales under the registration number 06012041, with a registered address at SO41 9NE, United Kingdom, Lymington, Hampshire, 36 St Thomas Street.

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