Lanx Group Limited

Lanx Group Limited, based in Clitheroe, UK, is a small, active company founded eight years ago in 2017. With thirteen employees and £1,269,612 in assets, it operates as a solo-founded e-commerce business with a real address. The company is owned and directed by Vaghetti Marco Alessandro, and regularly imports footwear and related items—eighty-two months of import activity recorded, with the latest in December 2024.

Lanx’s website, LANX Official Store, showcases a range of handmade boots, shoes, brogues, and sneakers, catering to both men and women. It’s clear the company focuses on retail via mail order and internet sales, emphasizing British craftsmanship and quality. The site also features accessories like socks, hats, and wallets, alongside unique offerings like shoe tattooing and painting services. The website has a wide range of products and sizes, and a blog with articles on topics such as shoe care and manufacturing.

Financially, Lanx Group Limited’s report reveals some interesting trends. While cash bank on hand decreased by 14% to £440,000, current assets increased by 57% to £1,300,000. Equity saw a significant jump, rising 190% to £510,000, and retained earnings accumulated losses increased. However, finance lease liabilities present value total increased by a whopping 910% to £58,000, which could indicate increased borrowing. Creditors also rose by 26% to £800,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased debt is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

Overall, Lanx Group Limited appears to be a growing business, but the increase in finance lease liabilities suggests it’s relying more on borrowing to fuel its expansion.

Registered in England/Wales under the registration number 10580471, with a registered address at BB7 9YE, England, Clitheroe, Lancashire, Unit 27b Mitton Road Business Parl Mitton Road, Whalley.

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