Lalibella Ltd

Lalibella Ltd is a small, active company based in London, UK, founded eleven years ago. While currently operating, confirmation is overdue by three months, and the company holds just £14,303 in assets. It has two directors but no registered owners. The business operates in the retail sale via mail order houses or via internet industries.

The company’s website, Lalibela Ethiopian Restaurant, presents a vibrant picture of a vegan restaurant specializing in Ethiopian cuisine. It offers a diverse menu, curated art, and a unique dining experience with multiple rooms—each with its own distinct atmosphere, from the Village room with traditional accents to the Lalibela room inspired by Ethiopian churches. The restaurant emphasizes authentic flavors, caters to various dietary preferences, and offers a traditional coffee ceremony. The website also includes customer reviews, opening hours, and social media links, creating a welcoming and informative online presence.

Financially, Lalibella Ltd’s numbers paint a concerning picture. Current assets have fallen by a significant 66%, dropping to just £14,000. Equity has also plummeted by 59%, leaving the company with just £13,000. Bank borrowings have increased, and cash reserves have decreased by 4%, indicating a potential strain on resources. Creditors have fallen by 87%, which is a positive sign, but the overall trend suggests the company is burning through cash. The lack of employees (zero reported) means the business is likely run by the directors themselves, and the absence of an auditor—typical for a small, exempt company—means the figures are unaudited.

The company’s reliance on its restaurant operations, coupled with the financial challenges, suggests a need for careful management. Whether the restaurant's unique atmosphere and authentic cuisine can offset the financial pressures remains to be seen.

Registered in England/Wales under the registration number 08542820, with a registered address at SW10 9NY, United Kingdom, London, Flat 7, 22 Elm Park Gardens, 22 Elm Park Gardens.

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