They Call Me Locksmith Ltd

They Call Me Locksmith Ltd is a small, active company based in Holborn, UK, founded five years ago in December 2019. With just one employee and £8,755 in assets, it operates as a virtual address, with one director and one owner. The company runs an e-commerce site and irregularly imports clothing and accessories made by knitting or crocheting, with the last import recorded a while ago in October 2021.

The website, TCML, positions itself as a "GoTo Fitted Fitness Clothing Store," offering a range of mens and womens activewear, including leggings, crop tops, hoodies, and tracksuits. It boasts a wide selection of currencies and shipping options, and encourages visitors to "Unlock Your True Potential." The site also promotes a fitness app and blog, suggesting a broader focus on health and wellness beyond just clothing sales.

Financially, They Call Me Locksmith Ltd shows a concerning trend. Current assets have plummeted by a staggering 83%, dropping to just £8,800. Net assets have also decreased significantly, falling 60% to -£120,000. Bank borrowings have increased, and cash reserves are low at just £2,100. Trade debtors are non-existent, but creditors have risen. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 0 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, They Call Me Locksmith Ltd is facing financial difficulties. While the e-commerce site appears active, the sharp decline in assets and profitability suggests the company is burning through money. Whether it can turn things around remains to be seen—but for now, it’s a story of a small business struggling to find its footing in a competitive market.

Registered in England/Wales under the registration number 12380402, with a registered address at WC1A 2SL, England, Holborn, London, C/O Cc Young & Co, 3rd Floor, The Bloomsbury Building, 10 Bloomsbury Way.

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