Thomas Farthing Limited

Thomas Farthing Ltd, based in London, UK, is a small, active company established eleven years ago in 2013. It employs seven people and holds £191,716 in assets, operating from a real address. With three directors and two owners, the company runs an e-commerce site and regularly imports headgear and accessories (eighteen months of activity) and exports clothing and accessories (thirty-two months of activity). It’s a small company, meeting two out of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and employees less than 50.

The company’s website, Thomas Farthing London, showcases a focus on fine suiting and headwear, with a strong emphasis on British craftsmanship and heritage. The site features a wide range of products, from hats and caps to suits and accessories, catering to a discerning clientele. The website is very detailed, with a lot of information about the products and the company. They also have a mailing list to keep customers informed of new products and promotions.

Financially, Thomas Farthing Ltd presents a mixed picture. Cash reserves have declined significantly, dropping 49% to £21,000. Creditors have also decreased, falling 12% to £190,000, which could suggest improved debt management. However, net assets have plummeted 97% to a mere £600, a substantial decrease. The company's bank borrowings are also down, 53% to £8,900. It's worth noting that the company is exempt from an audit, so the figures are unaudited.

The decrease in net assets is a concerning trend, but the company’s established e-commerce presence and focus on quality products could help it weather the storm. The decrease in cash could be due to investments in the business, or perhaps a slowdown in sales. It’s difficult to say for sure without more information.

Registered in England/Wales under the registration number 08564453, with a registered address at WC1A 1LU, London, 40 Museum Street.

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