Tuss Studio Ltd

Tuss Studio Ltd from London UK is a small, active company founded three years ago. It holds £13,445 in assets and operates from a virtual address, managed by a single director and owner—the solo founder. The company’s operations span non-specialised wholesale trade, retail sales in specialized stores, stalls and markets, and online sales.

The company's website, Madame Tussauds, is a global attraction brand with locations across America, Europe, Asia, Middle East, Australia, and more. It offers experiences centered around wax figures of celebrities and historical figures, and seems to be a well-established, large-scale operation—completely different from the scale of Tuss Studio Ltd. It's a large, established brand with a strong online presence and a focus on entertainment and tourism.

Financially, Tuss Studio Ltd’s situation is concerning. While net assets initially stood at -£5,800, they’ve now plummeted to -£20,000—a significant loss. Cash reserves have also dwindled, falling 98% to just £5. Trade debtors have decreased substantially, which is good, but creditors have risen 140% to £33,000, indicating a growing reliance on borrowed funds. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp decline in equity suggests it’s burning through money. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

In short, Tuss Studio Ltd appears to be struggling financially. While it operates in a diverse range of retail sectors, the negative equity and dwindling cash reserves raise serious questions about its long-term viability. The company’s solo founder will need to address these financial pressures to ensure its survival.

Registered in England/Wales under the registration number 13587800, with a registered address at N15 5EA, England, London, C/O Dirench & Co 151 West Green Road, Seven Sisters.

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