Totan Uk Limited

Totan Jewellers, based in Waltham Cross, UK, is a small, active company founded five years ago. Employing just two people, the business holds £62,975 in assets and operates from a real address. With one director and one owner, it functions as a regular importer of furniture, lighting, and prefabricated buildings, having imported for 12 months, with the last import operation occurring in February 2023.

The company’s website, Totan Jewellers, showcases a vast selection of jewellery, watches, and gifts. It operates as an e-commerce business, offering a wide range of brands and styles, including CK Calvin Klein, Nomination, and Thomas Sabo. The website also provides services like bespoke jewellery design and repairs, and has a section dedicated to wedding bands. The site caters to a global customer base, offering currency conversion and shipping options for over 150 countries.

Financially, Totan Jewellers presents a mixed picture. Current assets have increased by 36% to £63,000, while cash bank on hand has decreased by 65% to £590. Trade debtors have significantly improved, decreasing by 92% to -£3,400. Creditors have risen by 31% to £54,000, and net assets have increased by 110% to £11,000. Despite the growth in assets, the decrease in cash reserves is noticeable. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the increased reliance on creditors could pose a challenge. The accounts are unaudited and are described as "Filleted Accounts" - this is common for small companies. It is probable that the company is doing well, but the reliance on credit is something to keep an eye on.

Registered in England/Wales under the registration number 12213328, with a registered address at EN7 6JS, England, Waltham Cross, 28 Wheatcroft, Cheshunt.

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