Lanigan & Hulme Ltd

Lanigan & Hulme Ltd, based in Knutsford, UK, is a small, active company founded eight years ago in 2017. With three employees and £64,619 in assets, it operates from a real address and is managed by two directors and two owners. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 37 reviews. It’s an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with the latest import activity recorded two months ago in November 2023.

The company’s website showcases a wide range of British menswear and womenswear, alongside boys' and girls' clothing. It features brands like Barker, Blake Headley, and R.M. Williams, alongside its own “LH Made in Manchester” line. The site also offers a variety of accessories, from hats and gloves to luggage and grooming products. It’s clear Lanigan & Hulme is positioning itself as a purveyor of quality British fashion, with a focus on heritage brands and a curated selection of items. They even have a section dedicated to tailoring alterations, demonstrating a commitment to customer service.

Financially, Lanigan & Hulme Ltd presents a mixed picture. Current assets have decreased significantly by 35% to £65,000, while net assets have plummeted 120% to a negative £5,700. Bank borrowings have also decreased, but cash reserves have fallen by a substantial 82% to just £6,200. Trade debtors have increased considerably, suggesting potential issues with customer payments. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity is concerning. The unaudited financial statements, as a small company, do not mention an auditor.

Overall, Lanigan & Hulme Ltd appears to be navigating a challenging financial period. While its e-commerce platform and curated brand selection demonstrate a strong market position, the company will need to address its declining equity and manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 10552745, with a registered address at WA16 6DW, England, Knutsford, 23 King Street.

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