Ties Planet Limited

Ties Planet Limited, based in Leeds, UK, is a small, family-run business with an active status, celebrating 18 years since its founding. The company employs five people and holds £267,382 in assets. It operates a real address and is led by three directors and two owners. A Google rating of 5.0 from 59 reviews highlights its customer satisfaction. The business regularly imports clothing and accessories—excluding knitted or crocheted items—with five months of import activity recorded. It runs an e-commerce site selling a wide range of ties, bow ties, and accessories.

The company’s website, Ties Planet, showcases an extensive selection of men’s ties, bow ties, and related accessories, catering to various styles and occasions. From luxury silk ties to everyday essentials, the site offers a diverse range of products, including designer brands like Tresanti and Simon Carter. The site also features a "Made in Britain" collection, emphasizing quality and craftsmanship. A dedicated section for weddings highlights the company's ability to cater to special events, offering matching tie and pocket square sets.

Financially, Ties Planet Limited presents a mixed picture. While bank borrowings increased significantly, jumping to £37,000, cash reserves decreased by 14% to £15,000. Creditors also rose by 81%, reaching £17,000. On the positive side, debtors increased by 120%, suggesting improved sales or extended credit terms. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the increase in debt and decrease in cash warrants attention. The accounts are unaudited, a common practice for small companies, and the company's auditor is Kevin Dunk MIAB. The company's net assets increased by 140% to £49,000. Overall, Ties Planet Limited appears to be navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 05957609, with a registered address at LS27 8QL, Leeds, West Yorkshire, Unit Sf07 City Mills Business Centre, Peel Street Morley.

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