Tradition Giftware Limited

Tradition Giftware Ltd from Ayr UK: a small, active company founded 15 years ago, employs 10 people, and holds £722,954 in assets. It's a real address, managed by a single director and owner, and operates an e-commerce site. The company regularly imports jewelry, precious stones, and metals (129 months) and exports them (4 months).

The company's website, Tradition Souvenirs, positions itself as a leading designer, supplier, and manufacturer of high-quality souvenir products. It caters to a wide range of customers, from individual clubs to multiple retailers, offering a diverse product range including spoons, badges, key fobs, and personalized items. The website highlights a bespoke service and a 60-page catalogue, demonstrating a broad offering beyond what’s visible online. It also specializes in cresting and personalization, catering to specific client needs.

Financially, Tradition Giftware Ltd presents a mixed picture. Current assets increased by 5.5% to £720,000, while net assets grew by 9.2% to £920,000. Bank borrowings remain stable, and cash reserves increased to £390,000. Creditors decreased slightly, suggesting improved debt management. The company meets two of three conditions to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The company's accounts are unaudited, likely due to its small size.

The company’s growth in assets and cash reserves is encouraging, but the decrease in intangible assets (goodwill) by 14% is something to watch. The company’s ability to maintain its position in a competitive souvenir market, while managing its finances effectively, will be key to its long-term success.

Registered in Scotland under the registration number SC372312, with a registered address at KA8 8HH, Ayr, Ayrshire, Units 4/5 62 Viewfield Road.

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