Tonvara Limited

Tonvara Ltd from London UK: a small, active company founded thirteen years ago, employs three people, and holds £12,236 in assets. Operating from a virtual address and managed by one director and owner, Tonvara Ltd is an irregular exporter of pharmaceutical products, with just one month of export activity recorded as far back as May 2021. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Tonvara’s website, tonvara.net, showcases a range of natural dietary supplements, sports supplements, and health materials. It caters to various needs, from bodybuilding and sexual vitality to weight management and vitamins. The site also features clothing and home goods, alongside loyalty points, a blog, and security standards. It appears to be primarily an e-commerce operation, selling through its website. It’s also linked to DW Trading Ivinghoe Ltd, suggesting a broader business network.

Financially, Tonvara Ltd presents a concerning picture. Current assets have decreased by 25%, dropping to £12,000, and net assets have plummeted 73%, leaving just £6,400. Bank borrowings have remained constant, but cash reserves have fallen by 9%, sitting at £4,100. Trade debtors have also decreased significantly, by 59%, and creditors have increased by 12%. The company’s small size helps it remain flexible, but the sharp decline in equity and cash raises questions about its financial health. With no auditor mentioned, the figures are unaudited.

Overall, Tonvara Ltd seems to be struggling. While its e-commerce site is active, the financial data suggests it’s burning through money. The company's irregular exporting activity and reliance on a virtual address also add to the uncertainty. Whether it can recover and sustain its operations remains to be seen, but for now, Tonvara Ltd faces a challenging road ahead.

Registered in England/Wales under the registration number 07805239, with a registered address at NW11 7RJ, England, London, 5 North End Road.

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