Golden Lh Ltd

Golden Lh Ltd is a small, active company based in London, UK, founded three years ago in December 2021. It’s a limited company with a single employee, a virtual address shared by forty-six other businesses, and one director and owner, Alharan Husain Ali Mohammad. The company operates an e-commerce site and specializes in retail sale via mail order houses or via internet.

The company’s website, Godrich Sewing, is a well-established online retailer of sewing machines, parts, and accessories. It’s been around for a while, and it’s clear that they’re focused on serving the industrial sewing market, offering a wide range of machines, needles, cutting tools, and related supplies. They even offer Eastman cutting machines and parts, along with cleaning products and other accessories. The site’s layout is a little dated, but it’s functional and packed with information.

Financially, Golden Lh Ltd has seen a bit of a rollercoaster ride. While cash reserves have increased significantly, jumping 530% to £63, creditors have also risen sharply, reaching £4,300. Equity is currently at -£4,200, a substantial decrease from the previous year. Bank borrowings have increased by 3900% to £3,900. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in equity is a concern. The accounts are unaudited and prepared under the small entities regime, so there's no external validation of these numbers.

It’s hard to say exactly what’s driving these trends. Perhaps the company is investing heavily in inventory to meet growing demand, or maybe it’s facing increased competition in the online sewing supplies market. The rise in creditors could indicate difficulties in collecting payments from customers, or maybe it's a strategic move to manage cash flow. It's a bit of a mixed bag, and it will be interesting to see how Golden Lh Ltd navigates these challenges in the coming year.

Registered in England/Wales under the registration number 13789286, with a registered address at RM8 2GJ, England, London, 112 Loughborough House 2 Honour Gardens.

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