Lappella Ltd

Lappella Ltd, based in Burton-On-Trent, UK, is a small, active company founded four years ago. With a single employee and £112,178 in assets, it’s a solo venture led by its founder, Yates Paul Andrew, who also serves as director and owner. The company operates an e-commerce site specializing in soft leather handbags and accessories.

The website showcases a wide range of products, from classic crossbody bags to trendy shopper totes, all crafted from high-quality leather. It emphasizes designer quality at high street prices, with a focus on timeless styles and a spectrum of colours. Customer reviews are prominently displayed, highlighting the bags' luxurious feel, excellent craftsmanship, and responsive customer service. The site also features a blog with style tips and product care advice, further engaging potential buyers.

Financially, Lappella Ltd presents a mixed picture. While cash reserves have increased dramatically to £25,000 – a 1600% jump – net assets have plummeted to -£16,000, a staggering 1800% decrease. Bank borrowings have also seen a significant increase, rising by 22% to £8,600. Trade debtors have decreased by 40% to £9,900, which could indicate improved collection efforts. Creditors have also decreased by 19% to £66,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the substantial equity decline warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, relying on unaudited financial statements.

Overall, Lappella Ltd appears to be navigating a period of change. While the e-commerce site seems to be performing well, the financial figures suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 13246396, with a registered address at DE13 8JF, England, Burton-On-Trent, Staffs, 1 Wales Lane, Barton Under Needwood.

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