Toast (mail Order) Limited

Toast Mail Order Ltd, based in Swansea, UK, is a holding company with an active status, founded twenty-seven years ago. The company employs 331 people and holds assets worth £15,606,014. It has two directors and one owner, and operates from a real address shared by only one other company. Toast Mail Order Ltd regularly imports and exports clothing and accessories, not knitted or crocheted, with nineteen months of import activity and twenty-one months of export activity recorded.

The company’s website is minimal, offering little insight into its operations beyond its name. It appears to primarily function as a wholesale and retail business, distributing clothing and accessories through various channels. There’s no obvious e-commerce presence, suggesting a business-to-business model rather than direct consumer sales.

Financially, Toast Mail Order Ltd presents a mixed picture. Cash and cash equivalents decreased by 59%, falling to £960,000, while bank borrowings increased by 25%, reaching £3,400,000. Administrative expenses rose by 22%, reaching £8,300,000, and staff costs increased by 18%, reaching £11,000,000. Despite this, net finance income costs improved significantly, increasing by 160%. Creditors also increased by 13%, reaching £2,200,000. The company’s average number of employees increased by 5.4%, to 350. It’s worth noting that the company’s deferred tax asset debtors decreased by 68%, a potentially concerning trend. The accounts are audited by Harris Bassett Limited.

While the company’s assets remain substantial, the decrease in cash reserves and increase in borrowing suggest it's burning through money. The rising administrative and staff costs, coupled with the drop in deferred tax asset debtors, indicate potential challenges in maintaining profitability. However, the improved net finance income costs and decrease in creditors suggest better debt management and a possible shift in financial strategy.

Registered in England/Wales under the registration number 03399254, with a registered address at SA6 8RE, Wales, Swansea, 3rd Floor Matrix House Matrix Business Park, Swansea Enterprise Park.

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