Tyges Ltd

Tyges Ltd, based in Thetford, UK, is a small, active company founded six years ago in 2018. Employing just two people, it holds £21,569 in assets and operates from a real address shared by four other companies. With one director and two owners, Tyges Ltd runs an e-commerce site and enjoys a stellar 5.0 Google rating from 64 reviews. The company is an irregular exporter, with its top export categories including Toys, games, and sports equipment, totaling 2 of months exports. The last export operation took place on December 01, 2024.

The company’s website, TygesLtd, specializes in cosplay crafting materials, offering a wide range of products including EVA foam, paint supplies, fur fabrics, glues, and worbla. It caters to a global customer base, with a currency converter allowing purchases in multiple European currencies and beyond. The site’s design is clean and user-friendly, showcasing a vast inventory and offering detailed product descriptions. It’s a well-stocked online shop.

Financially, Tyges Ltd presents a mixed picture. While bank borrowings have vanished completely, dropping a whopping 100%, current assets have decreased by 20% to £22,000. Creditors have fallen significantly, by 64%, to £8,500, and debtors have plummeted 74%, to £4,900 – a good sign of improved cashflow. However, equity has increased dramatically, rising 250% to £13,000, which is a positive trend. 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 it to remain nimble. No auditor is mentioned, likely due to its status as a small company.

Overall, Tyges Ltd appears to be navigating a period of change. While some assets have decreased, the reduction in debt and increase in equity suggest a move towards financial stability. The company’s focus on a niche market—cosplay crafting—and its strong online presence position it well for continued growth.

Registered in England/Wales under the registration number 11675264, with a registered address at IP24 2AP, United Kingdom, Thetford, Norfolk, 20 King Street.

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