Tomac Enterprise Ltd

Tomac Enterprise Ltd from London UK: a small, active company founded two years ago, holds £109,040 in assets, and operates from a real address. It’s a solo founder’s project, managed by one director and owner, Odili David Shedrach. The company is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with just two months of import activity recorded as of March 2024. It’s also involved in the wholesale of wine, beer, spirits, and other alcoholic beverages, as well as tobacco products.

The company’s website is minimal, offering little insight into its operations beyond the basic contact information. There's no e-commerce presence or detailed product listings—suggesting a business-to-business model rather than direct consumer sales. It’s a quiet operation, seemingly focused on sourcing and supplying rather than marketing.

Financially, Tomac Enterprise Ltd presents a mixed picture. Current assets remain stable at £110,000, but equity is deeply negative at -£34,000, indicating accumulated losses. Cash on hand is a modest £160, while loans from directors are a substantial £110,000. Creditors are also significant at £140,000. The company meets two of three criteria to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The accounts are unaudited and classified as "filleted," meaning they are simplified due to the company’s size. The company’s accountant is Arth Limited.

The negative equity and reliance on director loans suggest Tomac Enterprise Ltd is burning through cash, a common challenge for startups. The lack of employee reporting could mean it’s a one-person operation, which can be both efficient and demanding. While the irregular import activity hints at a niche market, the company's financial health is clearly a concern. It's a small operation, but the numbers tell a story of early-stage struggles.

Registered in England/Wales under the registration number 14269906, with a registered address at WC2A 1HR, United Kingdom, London, 1 Quality Court, Chancery Lane.

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