Tortoise & Hare Limited

Tortoise & Hare Limited is a small, active company based in Abingdon, UK, founded two years ago in November 2022. Employing eight people and holding £62,577 in assets, it operates as an e-commerce site with a real address and is managed by two directors and owners, Browning Anna Louise and Smith Bernadette. The company specializes in retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores, retail sale via mail order houses or via internet, and unlicensed restaurants and cafes.

The website, tortoiseandhare.nz, showcases a unique business model centered around "slow fashion." It offers clothing rentals, repairs, made-to-order garments using sustainable fabrics, and sewing lessons. The site emphasizes ethical practices and features a membership with Mindful Fashion, highlighting its commitment to sustainability. The website is beautifully designed, with a focus on handmade items and a clear message about conscious consumption.

Financially, Tortoise & Hare Limited's recent reports paint a mixed picture. While cash bank on hand remains steady at £13,000, net assets are negative at -£56,000. Creditors have increased, reaching -£160,000, and bank borrowings are substantial at £151,076. On the positive side, operating lease payments are steady, and trade debtors are at £21,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the negative equity and high liabilities suggest a need for careful financial management. No auditor is mentioned, which is typical for a small, exempt company. It’s clear that Tortoise & Hare Limited is navigating the challenges of a startup, balancing ethical practices with financial sustainability.

Registered in England/Wales under the registration number 14466418, with a registered address at OX14 5AX, England, Abingdon, Oxon, 2 & 2a High Street.

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