Tonic Studios Limited

Tonic Studios Ltd from Bridgend, UK, is a small, active company established 24 years ago. Despite a solid foundation, the business currently has overdue accounts for four months, a potential red flag. With 42 employees and £3,074,320 in assets, it’s a modest-sized operation, meeting the criteria to be classified as small. The company operates a thriving e-commerce site and is a regular importer of plastics and plastic products (140 months of import activity, last in March 2025) and a regular exporter of machinery, boilers, and mechanical appliances (109 months of export activity, also last in March 2025). It’s run by four directors, including a solo founder, Piperno Anthony.

The company’s website showcases a vast array of crafting supplies, from adhesives and die-cutting tools to paper, embellishments, and storage solutions. It’s clearly targeting the hobbyist market, with a strong emphasis on quality and creativity. The site also features a "Tonic Craft Kit" – a monthly subscription box with exclusive designs and products, a clever way to build customer loyalty. The website’s extensive range of brands and products, coupled with its clear focus on customer service, suggests a well-managed online retail business.

However, a closer look at the financials reveals some concerning trends. While cash reserves remained relatively stable at £150,000, net assets plummeted 95% to just £130,000. Bank borrowings increased significantly, reaching £180,000, and trade debtors jumped by 69%, indicating potential issues with customer payments. Creditors also increased by 46%, suggesting a reliance on short-term financing. The company’s average number of employees decreased slightly, from 42 to 38. Given that the company is small, it’s likely exempt from an audit, meaning the financial statements are unaudited.

In conclusion, Tonic Studios Ltd appears to be a well-established e-commerce business with a loyal customer base. However, the sharp decline in equity and increase in debt raise questions about its financial health. While the company's niche market and subscription model offer potential for growth, it will need to address these financial pressures to ensure its long-term sustainability.

Registered in England/Wales under the registration number 04132269, with a registered address at CF33 6BQ, Bridgend, S Wales, Unit 36 Heol Treth, Village Farm Industrial Est Pyle.

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