Tog Ldn Limited

Tog Ldn Limited is a small, active company based in Moreton In Marsh, UK, founded five years ago in 2019. With a real address and a single director and owner (solo founder), the company employs just one person and holds £46,943 in assets. It operates in the retail sale via mail order houses or via internet, and is an irregular importer of leather goods, travel bags, and animal harnesses, with its last import operation made in May 2022.

The company’s website reveals it’s part of The Office Group, a leading flexible workspace developer and operator. It partners with companies and building owners to create spaces for modern businesses, operating the consumer-facing brand, Fora, which offers over 60 workspaces across London, the UK, and Germany. Fora provides flexible workspace solutions for businesses of all sizes, with four membership types available. Featured workspaces include locations in London, Cambridge, Frankfurt, and Berlin.

Financially, Tog Ldn Limited’s recent performance shows some concerning trends. While bank borrowings increased by 36%, cash reserves only grew by 24%. Debtors surged by a whopping 190%, suggesting potential issues with collecting payments, and creditors also increased by 13%. Equity decreased by 8.6%, which isn’s a good sign. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The lack of an auditor mentioned is likely due to its small size, meaning the figures are unaudited.

Overall, Tog Ldn Limited is facing some financial pressures. The growth in debtors and the decrease in equity are cause for concern, but the company’s association with the larger, well-established The Office Group may provide some stability. It’s a small business, and these things happen, but keeping a close eye on cash flow will be important going forward.

Registered in England/Wales under the registration number 12031140, with a registered address at GL56 0FG, United Kingdom, Moreton In Marsh, Gloucestershire, 40 Valetta Way.

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