Lakeland Fly Tying Limited

Lakeland Fly Tying Ltd from Cumbria UK: a small, active company founded 21 years ago, operates with just one employee and holds £40,144 in assets. With two directors and a single owner, the company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on seven reviews. It's a regular importer, primarily bringing in toys, games, and sports equipment, with the last import operation occurring in November 2023.

The company’s website, Lakeland FlyTying, is a comprehensive online store catering to the fly-tying hobby. It offers a vast selection of materials, tools, and accessories—from capes and saddles to hooks, tubes, and synthetic materials. The site is well-organized, with clear product categories and detailed descriptions. It also features a "Hackle Club" partnership with Whiting Farms, offering exclusive access to hackles and sale products. The website also includes a blog with useful information for fly-tyers.

Financially, Lakeland Fly Tying Ltd presents a mixed picture. While cash bank on hand increased by 43% to £3,200, current assets decreased slightly to £40,000. More concerning is the significant increase in net losses, which jumped to -£14,000 from a previous figure of £990. Creditors also rose by 20% to £73,000, suggesting increased reliance on short-term borrowing. The company’s small size—meeting two of three criteria for being a small company—helps it remain nimble, but the substantial loss raises questions. The accounts are unaudited, as is common for small companies, and there is no mention of an auditor. The company’s director, Nigel Thompson, is responsible for the financial statements. Overall, Lakeland Fly Tying Ltd appears to be facing some financial pressures, despite its strong online presence and loyal customer base.

Registered in England/Wales under the registration number 04840310, with a registered address at LA15 8SL, Cumbria, 185 Chapel Street, Dalton In Furness.

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