Toron Ltd

Toron Ltd from London UK: a small, active company founded three years ago, employs just one person, and operates from a real address. It’s led by a single director and owner, and functions as an irregular importer, primarily dealing in knitted or crocheted fabrics with just one month of import activity recorded as of March 2023. The company is registered with the number 13829291.

The company’s website reveals a surprising connection to Bangladesh. Toron Ltd’s head office is located in Dhaka, Bangladesh, with a corporate office also situated there. Contact information includes Bangladeshi phone numbers and email addresses, and the website copyright dates back to 2020. The site focuses on selling PPE and site supplies, with a focus on competitive pricing and fast customer support. It’s clear Toron Ltd operates a global supply chain, sourcing products from overseas and selling them in the UK.

Financially, Toron Ltd presents a concerning picture. While the company is exempt from an audit, the numbers tell a story of significant financial strain. Net assets have plummeted 48%, dropping from -£110,000 to -£160,000. Cash on hand has virtually disappeared, falling 100% to a mere £12. Loans from directors have skyrocketed 260%, reaching £160,000. Creditors have increased 42%, and other creditors have completely vanished. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the dramatic decline in equity and cash reserves suggests the business is burning through money. The accounts are described as "filleted" and prepared in accordance with FRS 102 Section 1A - Small Entities.

Registered in England/Wales under the registration number 13829291, with a registered address at E8 4NE, England, London, 111 Lansdowne Drive.

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