Toft Limited

Toft Ltd from Rugby UK: small company, active status, founded 7 years ago, 14 employees, real address, 1 director, 1 owner, solo founder. Irregular importer of iron or steel products (2 months imported). Regular exporter of wool and animal hair products (6 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Toft Limited operates a vibrant online business centered around British wool yarn and patterns for knitting and crochet. The website, toft.co.uk, showcases a wide range of products, from beginner kits and animal crochet patterns (the popular Edward's Menagerie collection) to clothing, home décor, and even gourmet gift baskets. It’s clearly an e-commerce focused operation, with a strong emphasis on retail sale via mail order and internet. The site also highlights a commitment to traditional crafts, luxury materials, and British wool, targeting a niche market of crafters. The site even has a blog and social media presence, which helps to build a community around the brand.

Financially, Toft Limited’s recent performance presents a mixed picture. Current assets increased by 12% to £820,000, while net assets also rose by 14% to £1.9 million. Bank borrowings decreased by 12% to £29,000, and cash reserves increased by 58% to £1 million. Creditors decreased by 29% to £310,000. The company’s small size helps it remain agile, but the increase in cash reserves and decrease in creditors suggest improved financial management. The company is exempt from an audit as a small company, so the figures are unaudited.

Despite these positive trends, some figures show a slight decline. Amounts owed by directors decreased by 62% to £88,000. The increase in employees (from 14 to 17) may indicate expansion, but also potentially increased operational costs. Overall, Toft Limited appears to be a financially stable company, well-positioned to continue its growth in the British wool craft market.

Registered in England/Wales under the registration number 11298418, with a registered address at CV22 6NR, England, Rugby, Warwickshire, Toft Studio, Dunchurch.

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