Travellers Finds Limited

Travellers Finds Ltd from Evesham UK: a small, active company founded 14 years ago, employs eight people, and holds £476,437 in assets. It operates from a virtual address, managed by two directors and owners, and functions as a family business with a thriving e-commerce site and a Google rating of 5.0 from 26 reviews. The company is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 24 months of import activity recorded, the latest in November 2024.

The company’s website, Travellers Finds African Creations, showcases a diverse range of products, from recycled metal garden sculptures originating from Zimbabwe to wooden gifts, handicrafts from Africa, and furniture from Asia. It emphasizes fairly traded products and highlights events like the Harrogate Flower Show and RHS Malvern Spring Festival. The site also features a blog with updates on product design and creative ideas.

Financially, Travellers Finds Ltd presents a mixed picture. Current assets increased by a solid 31% to £480,000, and equity grew by 33% to £350,000—a positive sign. However, cash bank on hand plummeted 78% to just £45,000, and fixed assets decreased by 60% to £32,000. Trade debtors surged by a staggering 180%, which could indicate a delay in customer payments or an expansion of credit terms. 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 agility, but the decrease in cash reserves is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Travellers Finds Ltd seems to be doing well overall, with growing assets and equity. However, the sharp drop in cash reserves and the increase in debtors suggest potential cash flow challenges. It’s a family-run business navigating the complexities of import and e-commerce, and it will be interesting to see how it continues to evolve.

Registered in England/Wales under the registration number 07552082, with a registered address at WR11 4BB, Evesham, Worcestershire, 43 Merstow Green.

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