Tshirt Studio Ltd

Tshirt Studio Ltd, based in Cirencester, UK, is a small, active company established 22 years ago. Employing 33 people, it holds assets valued at £940,507, operating from a virtual address—a detail worth noting as 117 companies share the same location. The business is owned by Liddle David and West Howard Byron, overseen by four directors, and boasts an e-commerce site. It regularly imports soaps, cleaning products, and waxes (for 23 months), and exports clothing and accessories made by knitting or crocheting (for 33 months).

The company's website showcases a diverse range of services, primarily focused on custom t-shirt printing and related merchandise. Customers can design their own apparel, with options including hoodies, polo shirts, hats, and workwear. The site emphasizes quality, ethical sourcing, and fast turnaround times, with a focus on bulk orders and personalized gifts. It's clear that Tshirt Studio Ltd caters to both individual customers and businesses seeking branded apparel.

Financially, the company's recent performance shows some concerning trends. While current assets increased by a significant 97%, net assets only increased by 7.6%, suggesting increased liabilities. Bank borrowings surged by 1100%, reaching £29,000, and cash reserves fell 30% to £73,000. Trade creditors increased by 32%, and debt increased by 290%. 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 increased debt and decreased cash reserves raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's average number of employees has increased by 9.1%, suggesting growth in operations, but the rise in debt needs to be monitored. It's possible that the increased borrowing is linked to investments in the e-commerce platform or expansion of its product offerings. Overall, Tshirt Studio Ltd appears to be a dynamic business facing the typical challenges of growth—balancing investment with financial stability.

Registered in England/Wales under the registration number 04462474, with a registered address at GL7 1US, United Kingdom, Cirencester, Gloucestershire, Oakley House, Tetbury Road.

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