Balance And Love Limited

Balance And Love Limited is a small, active company based in London, UK, founded three years ago in 2021. It's a solo-founded operation with one director and owner, Cheung Wing Lam, and employs just one person. The company holds £100 in assets and reported £834 in revenue, a modest figure. It operates from a real address in Lewisham High Street, and is registered with Companies House. The business imports jewelry, precious stones, and metals irregularly, with the last import occurring in July 2023. It’s a private limited company, and operates in the retail sale via mail order houses or via internet industries.

The company’s website, Balance And Love, appears to be an e-commerce platform selling jewelry and accessories. While the site is functional, it lacks detailed product descriptions and high-quality images, suggesting a basic online presence. It’s unclear how much traffic the site receives, but the limited information available makes it difficult to assess its overall success. The site’s design is simple and clean, but it could benefit from improvements to enhance user experience and drive sales.

Financially, Balance And Love Limited is facing some challenges. Current assets have plummeted by 90%, dropping from £260 to just £25. Net losses deepened to -£1, a significant turnaround from the previous year’s profit of £260. Cash reserves have also fallen dramatically, decreasing by 90% to £25. Bank borrowings remain at zero, and trade debtors are also at zero. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The sharp decline in assets and cash raises concerns about the company’s financial health, and it’s clear that the business is burning through money. The increase in cost of sales, from £1,200 to £2,900, is also a worrying trend.

Registered in England/Wales under the registration number 13474354, with a registered address at SE13 6AA, England, London, Flat 1 193 Lewisham High Street.

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