Labante Limited

Labante London is a small, active company based in Cardiff, UK, founded thirteen years ago in 2011. With just one employee and £55,699 in assets, it’s a solo-founded operation led by a single director and owner, Vanita Badlani. The company operates an e-commerce site specializing in vegan bags, shoes, and accessories, emphasizing sustainability and ethical production. Its website, Labante London, showcases a wide range of products, from backpacks and clutches to wallets and jewellery, catering to a conscious consumer base. The company regularly imports leather goods, travel bags, and animal harnesses, with the latest import activity recorded two months ago in August 2023.

Labante London positions itself as a strong advocate for animals and the environment, using eco-friendly, recycled, and biodegradable materials. The website highlights its commitment to ethical working conditions, fair wages, and supporting charities. It even offers a 100 NoRisk Money Back Guarantee, and free shipping for orders over £100. The company’s website boasts a comprehensive range of products, from vegan backpacks to sustainable jewellery, and even offers a selection of gifts under £200 and £100.

Financially, Labante London shows some concerning trends. Accrued liabilities decreased by 38%, while bank borrowings surged by 35%, reaching £12,000. Cash reserves plummeted 81%, dropping to just £16,000. Creditors also decreased significantly, falling 58% to £48,000. 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 sharp drop in cash reserves and increase in bank borrowings raises questions about its financial health. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

While the e-commerce side appears active and well-reviewed, the financials reveal some strain. Whether this is typical for a growing business or a longer-term challenge remains to be seen—but for now, Labante London is betting on its niche market and commitment to sustainability to turn the tide.

Registered in England/Wales under the registration number 07768175, with a registered address at CF14 8LH, Cardiff, 07768175 - COMPANIES HOUSE DEFAULT ADDRESS.

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