La Ritzy Ltd

La Ritzy Ltd from Bolton UK is a small, active company founded five years ago. It boasts £114,390 in assets, operates from a real address, and is managed by one director and owner – a solo founder. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, laritzy.com, showcases a vibrant cosmetics brand focused on liquid lipsticks and highlighters. It’s clearly an e-commerce operation, with a modern design, product photography, and customer testimonials prominently displayed. The site emphasizes its popularity, featuring “Cult Favourite” liquid lipsticks and highlighting collaborations with beauty editors from Allure magazine. The site also has a Shopify powered cart and a focus on free shipping over £50.

Financially, La Ritzy Ltd’s report reveals a mixed picture. While current assets declined slightly by 6.1% to £110,000, equity took a significant hit, plummeting 89% to just £3,200. Bank overdrafts, however, decreased substantially by 75%, falling to £2,800—a positive sign. Creditors also increased by 20%, suggesting the company is taking on more short-term debt. The company’s size (meeting two of three conditions for a small company) allows for flexibility, but the substantial equity drop warrants attention. No auditor is mentioned, as the company is exempt due to its small size.

The company’s directors are reporting a decrease in debtors, which could be a sign of better cashflow management, or perhaps a slowdown in sales. It’s worth noting that the company’s retained earnings have also decreased, which could be due to reinvestment in the business or increased operating expenses. Overall, La Ritzy Ltd appears to be navigating a challenging financial landscape, but its strong online presence and focus on popular cosmetic products could provide a foundation for future growth.

Registered in England/Wales under the registration number 12497369, with a registered address at BL3 3BJ, United Kingdom, Bolton, Unit 3 Swan Lane Mill, Higher Swan Lane.

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