Lagom Agency Limited

Lagom Agency Limited, based in London, UK, is a small, active company established fifteen years ago in 2010. Employing just two people, it holds £11,942 in assets and operates from a virtual address—a point to note as 7853 other companies are also registered at the same location. The company is led by one director and one owner, though the list of owners was changed nine years ago. It regularly imports clothing and accessories, not knitted or crocheted, with nineteen months of import activity recorded, the last in April 2023.

The company’s website, lagomfashionagency.com, reveals a focus on Scandinavian-inspired fashion agency services. It represents brands across the DACH market from showrooms in Dusseldorf and Munich, showcasing labels like AY Studios, Dilly Socks, Edblad, Garment Project, Mono, Saburo Jeans, and Scandinavian Edition. The site highlights brand representation, showroom dates, and participation in industry events like Florence and Copenhagen. It's clear the agency focuses on building relationships with both brands and retailers, emphasizing long-term partnerships and excellence.

Financially, Lagom Agency Limited’s report paints a mixed picture. While net assets decreased by a significant 77%, falling to £13,000, current assets experienced a dramatic drop of 85%, settling at £12,000. Bank borrowings also declined, reaching £5,200, and cash reserves plummeted 94%, leaving just £1,900. However, trade creditors decreased by 43%, suggesting improved management of short-term debts. The company’s small size—meeting two of three conditions for being a small company—allows for agility, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Lagom Agency Limited appears to be navigating a challenging financial landscape. While its focus on Scandinavian fashion and brand representation suggests a strong foundation, the declining equity and cash reserves warrant close attention. It’s likely the company is facing pressures, but its niche focus and established relationships could provide a buffer against these challenges.

Registered in England/Wales under the registration number 07140965, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.

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