Tootonic Ltd
- Active
- Large
- Holding
- 16 years
- 194 employees
- £21,390,824 (cur assets)
- 54m+
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 1 owner
- Swansea
- E-commerce
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Tootonic Ltd from Swansea UK: a large company, holding company, active status, founded 15 years ago, employing 157 people, and holding £21,563,406 in assets, operates from a real address with two directors and one owner. It’s a regular importer and exporter of clothing and accessories made by knitting or crocheting, with 64 months of import activity and 1020 months of export activity.
The company's core business revolves around retail sales via mail order houses and online, as indicated by its registration. While a website isn’t readily available, this suggests a direct-to-consumer model, likely focusing on a specific niche within the clothing and accessories market. It's probable that Tootonic Ltd sources these goods from smaller, independent producers, leveraging the UK's rich heritage of knitting and crochet.
Financially, Tootonic Ltd presents a mixed picture. While current assets are healthy at £22 million, representing a 14% increase, there are some concerning trends. Net assets remained steady, but bank borrowings decreased by 23%, and cash reserves increased by a significant 340%, indicating a potential shift in funding strategies. Director remuneration increased by 34%, while staff costs rose by 65%, reflecting investment in personnel. A notable decrease in average employees, from 160 to 120, could signal restructuring or automation efforts. The company's large size (meeting two of three criteria for a large company) suggests it’s a significant player in its sector. The audit firm, Harris Bassett Limited, provides assurance over the financial statements.
The sharp increase in deferred income, from £610,000 to £3.3 million, could be due to a surge in pre-orders or a change in payment terms. A significant gain due to foreign exchange differences, up 16000%, is an unusual occurrence and warrants further investigation. The decrease in accrued liabilities, down 43%, could be a positive sign of improved financial management. Overall, Tootonic Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.
Registered in England/Wales under the registration number 06961893, with a registered address at SA5 4EP, Wales, Swansea, Unit 5 Celtic Trade Park Bruce Road, Fforestfach.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 2
-
Resident of United Kingdom
-
Individual
- 16 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Full accounts made up to 2024-12-27Download 33 pages pdf report
-
Confirmation statement made on 2025-07-14 with no updatesDownload 3 pages pdf report
-
Satisfaction of charge 069618930004 in fullDownload 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Tootonic Ltd
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