Toy Cottage Ltd

Toy Cottage Ltd, based in Hounslow, UK, is a small, active company founded twelve years ago in 2013. With four employees and £1,476,038 in assets, it’s a solo-founded operation managed by a single director and owner, Singh Kulbir. The company operates in the wholesale of household goods (other than musical instruments) and regularly imports textile products, sets, used clothing, and rags, with 11 months of import activity recorded, the last in May 2022.

The company’s website, while basic, showcases a range of household goods, suggesting a focus on supplying retailers or wholesalers. It’s not clear if they have a direct-to-consumer e-commerce presence, but the site’s simplicity points towards a business-to-business model. The website does not give much detail about the company.

Financially, Toy Cottage Ltd presents a mixed picture. Cash bank on hand has fallen by a significant 72%, dropping to £6,300—a considerable drain. Advances to directors have decreased by 2.2%, and trade debtors have increased by a substantial 85%, reaching £190,000. However, creditors have also risen by 9.5%, to £890,000, and net assets have increased by 3.5%, reaching £240,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves is a concern. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Toy Cottage Ltd seems to be navigating a period of change. The increase in debtors suggests potential issues with customer payments, while the decrease in cash reserves could indicate a need to manage expenses more closely. Despite these challenges, the company’s assets remain substantial, and its continued import activity suggests ongoing business operations.

Registered in England/Wales under the registration number 08344198, with a registered address at TW5 9EB, England, Hounslow, 2 Oak Avenue.

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