Galia Lahav London Ltd

Galia Lahav London Ltd, based in London, UK, is a small, active company founded just three years ago in 2022. With £1,674,444 in assets and a virtual address, it’s a relatively lean operation employing four people and managed by three directors and a single owner. The company operates an e-commerce site and boasts an impressive Google rating of 5.0 based on 72 reviews. It’s an irregular importer, specializing in special woven and decorative fabrics, with just one month of import activity recorded as of May 2024.

The company's website, Galia Lahav, is a luxury bridal couture brand, offering a range of bridal gowns, mini dresses, lingerie, and evening wear. The site features a "Try at Home" service, alongside a network of boutiques and events worldwide. It’s clear the company is focused on high-end, aspirational fashion, with a strong emphasis on visual appeal and exclusive collections. The website also highlights a "GL Magazine" and a booking service for appointments, suggesting a focus on building a brand experience beyond just product sales.

Financially, Galia Lahav London Ltd presents a mixed picture. While current assets have increased by a significant 93% to £1,700,000, net assets have decreased by 20% to -£420,000. Bank borrowings have surged by 53%, reaching £2,100,000, and cash reserves have doubled to £64,000. Trade debtors have increased dramatically by 150%, suggesting a reliance on customer payments. 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 for agility, but the negative equity is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Galia Lahav London Ltd is a high-end brand with a strong online presence, but its financial health is precarious. The company is clearly burning through cash, and its reliance on customer payments is a risk. Whether the brand’s luxury appeal can offset these financial pressures remains to be seen.

Registered in England/Wales under the registration number 13976003, with a registered address at W1W 6XH, United Kingdom, London, 101 New Cavendish Street, 1st Floor South.

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