Totoya Fashion Limited

Totoya Fashion Limited is a small, active company based in Manchester, UK, founded eight years ago in 2017. With a single employee and £37,944 in assets, it’s a solo-founded operation run by a director and owner. The company operates in the "other retail sale in non-specialised stores" industry, and has a real registered address at 38b Derby Street. It’s a regular importer, with its top import category being Aluminum and aluminum products, totaling 20 months of imports, the latest recorded in December 2024.

The company’s website, TFE, showcases a focus on textile innovation and sustainability. It features a range of materials, including polyester, cotton, gelanots, and vegan leather, alongside a "Patchworks" section highlighting unique textile creations. The site also promotes a "New Step for the Sustainable Future," indicating a commitment to eco-friendly practices. The website is available in Japanese, English, and Chinese, suggesting a global reach. It also features a section dedicated to Toyota Tsusho Fashion Express Ltd, which seems to be the parent company.

Financially, Totoya Fashion Limited presents a mixed picture. While current assets increased by 29% to £38,000, net assets decreased by 52% to -£120,000, a significant drop. Bank borrowings decreased by 33%, reaching £15,000, and cash reserves increased by 77% to £3,000. Creditors increased by 67%, reaching £140,000, and trade debtors decreased by 51%, suggesting a shift in payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity decline raises concerns. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Totoya Fashion Limited appears to be navigating a challenging financial landscape. While its focus on sustainable textiles and global reach are promising, the company will need to carefully manage its liabilities and potentially explore new revenue streams to ensure long-term viability.

Registered in England/Wales under the registration number 10634581, with a registered address at M8 8HN, England, Manchester, Greater Manchester, 38b Derby Street.

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