Label Lab Group Limited
- Small
- Active
- 10 years
- £44,185 (assets)
- Real address
- 1 director
- 2 owners
- Regular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Label Lab Group Limited, based in Goostrey, UK, is a small, active family business established ten years ago in 2015. The company holds £44,185 in assets and is managed by one director and two owners. It’s a real address, and the business regularly imports clothing and accessories made by knitting or crocheting, with 114 months of import activity recorded, the last in February 2025. The company operates as agents involved in the sale of textiles, clothing, fur, footwear and leather goods.
The company’s website, labellabgroup.com, showcases a diverse range of offerings, from Premier League and Championship merchandise to international fashion brands, bespoke design, and exclusive manufacture. It also highlights tailor-made delivery services. The site’s design is simple, with contact details prominently displayed and a focus on product categories rather than a full e-commerce platform. It seems more of a catalogue and sourcing platform than a direct sales operation.
Financially, Label Lab Group Limited’s recent performance presents a mixed picture. Current assets have fallen by 39% to £44,000, while net assets have dropped 9.4% to -£94,000. Bank borrowings have fluctuated significantly, with overdrafts increasing by 480% within one year, reaching £60,000, though secured borrowings decreased by 35%. Cash reserves have completely disappeared, falling 100% to zero. Trade debtors have increased by 44%, suggesting potential delays in receiving payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial losses and depleted cash reserves are concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for a small, exempt company.
Overall, Label Lab Group Limited appears to be navigating a challenging financial climate. While its sourcing and agent services seem active, the declining assets and reliance on bank borrowings suggest a need for careful management and a focus on improving cash flow.
Registered in England/Wales under the registration number 09398478, with a registered address at CW4 8NT, United Kingdom, Goostrey, Cheshire, Southlands, Sandy Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-04-14 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-01-31Download 6 pages pdf report
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Confirmation statement made on 2024-04-14 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Label Lab Group Limited
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