Touchnote Limited

Touchnote Limited is a small holding company based in London, UK. Founded eighteen years ago in May 2007, it’s an active business with 38 employees and £1,011,187 in assets. The company, with two directors and one owner, operates from a real address on Shoreditch High Street. Touchnote is an irregular importer, primarily dealing with paper and paperboard products, with its last import activity occurring over five years ago in September 2018. The company's website focuses on providing support and knowledge base articles for its users, suggesting a business model centered around customer service and troubleshooting. It doesn’s seem to be an e-commerce site.

The company operates within the photographic activities not elsewhere classified industries. While small—meeting two of three conditions for a small company—it's a holding company, likely overseeing other ventures. The list of directors hasn’t changed much in recent years.

Financially, Touchnote Limited presents a mixed picture. Current assets have increased by 51% to £1,000,000, which is good news. However, net assets have remained stable at -£12,000,000. Bank borrowings have increased significantly by 15% to £11,000,000, and cash reserves have increased by 51% to £690,000. Director remuneration has decreased by 53% to £74,000. The company’s equity has remained stable at -£22,000,000. The increase in bank borrowings, while concerning, could indicate investment in growth initiatives. The lack of an auditor mentioned likely means the accounts are unaudited. The company’s reliance on intangible assets—with an impairment of £3,400,000—suggests a business model heavily dependent on intellectual property or brand recognition. The company’s stability is likely due to its small size, but the negative equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 06235264, with a registered address at E1 6JE, England, London, 141-143 Shoreditch High Street Shoreditch High Street.

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