Twostones Limited

Twostones Limited is a small, active company based in London, UK, founded four years ago in October 2020. It's a solo-founder operation with one director and owner, Taslitarla Serdal, and employs just one person. While it has a registered address, it’s likely a virtual one, as 751 companies share the same location. The company operates in the retail sector, selling textiles, clothing, footwear, and other goods through stalls, markets, mail order, and online channels. It regularly imports clothing and accessories made by knitting or crocheting, with four months of import activity recorded as of September 2024.

The company’s website, Twostones, features a simple design with a focus on sweatshirts and t-shirts. It encourages visitors to subscribe for updates and provides contact information for assistance. The site’s minimalist aesthetic suggests a small-scale operation focused on direct sales.

Financially, Twostones Limited presents a mixed picture. Cash bank on hand has seen a significant increase of 420%, jumping to £10,000, while creditors have dramatically increased by 890%, reaching £5,300. Equity has also improved, growing by 47% to £5,600. However, property, plant, and equipment have decreased by 25%, and accumulated depreciation impairment has doubled. Trade creditors have decreased by 17%, which is a good sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, as the company is exempt as a small entity.

Overall, Twostones Limited appears to be navigating a period of change. While the increase in cash and equity is encouraging, the rise in creditors and the decline in property, plant, and equipment suggest that the company may be burning through money. The lack of employees and the reliance on a single director could also pose challenges as the business grows.

Registered in England/Wales under the registration number 12967006, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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