Toycult Ltd

Toycult Ltd from London UK: small company, active status, founded 4 years ago, 1 employee, £42,864 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £42,864. The company operates in the retail sale via mail order houses or via internet industries.

Toycult Ltd’s website showcases a vibrant online store specializing in trading card games, board games, and collectible toys. The site features a wide selection of products, including Pokemon, Magic: The Gathering, Star Wars, and Funko Pop! figures. It highlights a “mission” to ignite imaginations and create memorable experiences, with sections dedicated to specific collections like LEGO and Barbie. The website also advertises a "Brick by Brick" LEGO world, emphasizing a curated selection and community engagement. It’s clear that the company is actively promoting its products and aiming to attract a broad range of customers.

Financially, Toycult Ltd’s latest report paints a mixed picture. While the company’s assets are modest at £42,864, its liabilities are substantial. Net assets are a negative £13,000, indicating the company is operating at a loss. Creditors have increased significantly, rising to £57,000, while cash reserves have dwindled to just £300. Trade debtors are also up, suggesting customers are taking longer to pay. The single employee reported, along with the solo founder/director, points to a lean operation. With no auditor mentioned, the financial data is unaudited. It seems like the company is burning through cash, likely reinvesting in inventory to support its e-commerce activities. It’s possible that the virtual address is a cost-saving measure, but it also raises questions about the company’s physical presence and scalability.

Registered in England/Wales under the registration number 12901254, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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