Tolo Market Ltd

Tolo Market Ltd from London UK: a small, active company founded just one year ago, employs a single person, and holds £107,912 in assets. Operating from a virtual address, the company is led by one director and has two owners, boasting a respectable Google rating of 4.0 based on two reviews. It's a regular importer of edible fruits and nuts, with six months of import activity recorded, the last operation being in December 2024.

The company's activities involve wholesale of household goods (other than musical instruments) and food services. While no website exists to examine, this suggests a business-to-business model rather than direct consumer sales.

Financially, Tolo Market Ltd presents a mixed picture. Current assets remained steady at £110,000, and cash bank on hand is a solid £43,000. However, creditors are at £98,000, and net assets are only £2,100. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s agile, but the low net assets could indicate reliance on credit. Trade creditors are at £71,000, which is a little high. The lack of an auditor is typical for a small, exempt company.

The company’s recent trend shows a reliance on credit and a small equity base. The fact that the company is still young suggests that it’s still in the growth phase, and these financial pressures could be a normal part of the startup journey.

Registered in England/Wales under the registration number 15128314, with a registered address at NW10 6RE, England, London, Unit 7 Westmoreland House, Scrubs Lane.

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