Toastedink Ltd

Toastedink Ltd from Derby UK: small company, active status, founded 3 years ago, virtual address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small business, meeting two of three conditions for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company was incorporated on June 23, 2021, and operates an e-commerce site selling greeting cards, stickers, stationery, and other creative products. The registered address is a virtual one, shared by 263 other companies. Banh Joey is both the director and owner of Toastedink Ltd.

The website, toastedinkstudios.com, is a vibrant showcase of the company's offerings. It's definitely an e-commerce operation, with a wide range of products available for purchase, from greeting cards and enamel pins to stickers, planners, and plush toys. The site emphasizes new arrivals, best-selling products, and customer reviews—all hallmarks of a modern online retail business. There's also a blog and a focus on social media engagement, suggesting a deliberate effort to build a brand and connect with customers. The site offers free UK shipping over £40, a 15% discount for first-time buyers, and a loyalty program rewarding repeat purchases.

Financially, Toastedink Ltd shows some concerning trends. Cash bank on hand dropped significantly by 83%, leaving just £290. Creditors increased by 24%, while loans from directors decreased by 35%. Net assets also declined by 24%, ending at -£8,300. The company’s small size and lack of employees (zero reported) mean it’s likely operating with minimal overhead, but the decrease in equity suggests it’s burning through cash. The accounts are unaudited, which is common for small companies, and there's no mention of an auditor. It seems like the company is relying on its online presence and creative product line to generate revenue, but it will need to manage its cash flow carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 13474022, with a registered address at DE1 3BB, England, Derby, 1 Duffield Road.

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