James Lakeland Limited

James Lakeland Limited, based in London, UK, is a small, active company established 31 years ago in 1993. Employing 45 people, it holds £1,006,154 in assets, though its registered address is likely virtual, as 76 companies share the same location. The company is run by two directors and one owner, with the list of owners changing nine years ago. James Lakeland regularly imports and exports clothing and accessories (excluding knitted or crocheted items), with 199 months of import activity and 7 months of export activity recorded.

The company's website showcases a wide range of women's fashion, from dresses and tops to coats and accessories. It operates an e-commerce platform, allowing customers to browse and purchase items online. The website offers a variety of payment options and ships internationally, with currency options for various countries. It’s a very well-designed site, with a clean aesthetic and easy navigation.

Financially, James Lakeland shows some concerning trends. Bank borrowings increased significantly, jumping 28% to £1,100,000, while cash reserves fell 17% to £36,000. Creditors also increased, rising 4.2% to £1,100,000. However, net assets did see a slight increase of 2.8% to £990,000. Trade debtors also increased by 34%, reaching £240,000. The company’s small size – meeting two of three conditions for being a small company (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees) – means it’s exempt from a full audit, and the financial statements are unaudited.

The increase in borrowings and the decrease in cash reserves suggest the company may be relying more on debt financing, and it's important to monitor these trends. While the increase in trade debtors could indicate business growth, it also carries the risk of potential bad debts. The company's success will depend on maintaining its strong online presence and effectively managing its finances.

Registered in England/Wales under the registration number 02855790, with a registered address at SE1 6SW, London, Accountancy House, 90 Walworth Road.

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