Amaryllis Living Ltd

Amaryllis Living Ltd, based in Glasgow, UK, is a small, active company founded 12 years ago. With four employees and £51,163 in assets, it operates from a virtual address, a detail flagged by the registration of 255 other companies at the same location. The business is led by a solo founder and director, Gilfillan Lynn, who also owns the company, and enjoys a stellar 5.0-star Google rating from nine reviews. It’s a regular importer, specializing in footwear and related items, with seven months of import activity recorded, the last in January 2025.

The company’s website, while not fully detailed, indicates a retail focus, operating in the specialised stores industry. It appears to be a physical store, not an e-commerce business.

Financially, Amaryllis Living Ltd presents a mixed picture. Current assets have fallen by 35%, dropping to £51,000, while net assets have plummeted 98%, leaving just £290. Bank borrowings remain steady at £6,000, but cash reserves have decreased significantly by 65%, down to £6,600. Trade creditors have decreased by 25%, suggesting better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. No auditor is mentioned, likely due to its small size.

Overall, Amaryllis Living Ltd seems to be facing financial headwinds. The sharp decline in equity is concerning, and the reduced cash reserves suggest it's burning through money. However, the strong Google rating and focus on a specific product category (footwear) could provide a foundation for future growth, if it can manage its finances effectively.

Registered in Scotland under the registration number SC437164, with a registered address at G1 3NQ, Glasgow, 6th Floor Gordon Chambers, 90 Mitchell Street.

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