Troubadour Goods Limited

Troubadour Goods Ltd from London UK: a small holding company with an active status, was founded thirteen years ago in December 2011. The company employs five people and holds £3,405,907 in assets, operating from a virtual address shared by many other businesses. It's managed by five directors and has one owner. Troubadour Goods Ltd regularly imports and exports leather goods, travel bags, and animal harnesses – 43 months of import activity and 82 months of export activity recorded, the latest being January 2025.

The company’s website showcases a refined approach to bag making, emphasizing comfort, functionality, lightweight design, weather resistance, and sustainability. It operates an e-commerce platform selling backpacks, totes, duffles, and briefcases, with a strong focus on circularity and eco-friendly practices. The website highlights a commitment to offsetting carbon emissions, using recycled materials, and supporting ethical production. It even features a physical store in Soho, London.

Financially, Troubadour Goods Ltd presents a mixed picture. Cash reserves have dramatically increased by 410%, reaching £950,000, which is a good sign. However, net losses deepened to -£4,300,000, a significant decline. Creditors decreased by 64%, suggesting better debt management, but bank borrowings surged by 13%, reaching £32,000. Average number of employees has increased by 80% to nine people. 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 substantial equity drop warrants attention. No auditor is mentioned, as the company is exempt.

In conclusion, Troubadour Goods Ltd is experiencing growth in assets and cash, but also facing losses. The company’s focus on sustainability and its online presence suggest a modern, forward-thinking approach, but the financial results indicate a need for careful management.

Registered in England/Wales under the registration number 07870731, with a registered address at N13 4BS, England, London, 483 Green Lanes.

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