Toucan Scotland Ltd.

Toucan Scotland Ltd from Dundee UK: a small, family business active for 24 years, employs just two people, and holds £256,896 in assets. Founded in 2000, it operates a real address and is managed by two directors and two owners. The company runs an e-commerce site and regularly imports jewelry, precious stones, and metals – a trend continuing for the last 18 months, with the most recent import in December 2024.

The website, Toucan of Scotland, showcases a wide range of Celtic and contemporary jewelry, including earrings, necklaces, rings, and brooches. It emphasizes sustainable packaging and offers wholesale and retail options. The site also features a blog and newsletter, highlighting inspiration and new additions to the collection. It's clear the business is focused on selling unique, handcrafted jewelry online.

Financially, Toucan Scotland Ltd shows some concerning trends. While current assets remain stable at £260,000, net assets declined by 11% to £290,000. Cash reserves decreased by 38% to £98,000, and bank borrowings disappeared completely. Creditors increased by 14% to £71,000, and trade debtors rose by 36% to £70,000. The company’s small size—meeting two of three criteria for a small business—helps it remain nimble, but the decrease in cash reserves and increase in creditors suggests it’s facing some financial pressure. The company is exempt from an audit, so the figures are unaudited.

Overall, Toucan Scotland Ltd appears to be a well-established online retailer of unique jewelry, but it’s navigating a period of financial adjustment. Whether the company can maintain its growth and profitability remains to be seen.

Registered in Scotland under the registration number SC209591, with a registered address at DD5 2NR, Dundee, Angus, 16 Hamilton Street, Broughty Ferry.

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