Lastpick Limited

Lastpick Limited is a small, active company based in Islington, UK, founded seven years ago in 2017. With a single employee and £11,240 in assets, it operates from a real address and is overseen by one director and owner. The company is an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with its last import operation recorded just last month.

The company’s website, Lastpick, suggests a curated online store, requiring a password to access. It features a simple design with links to Instagram and a login area, hinting at a limited inventory and a focus on exclusivity. The site’s emphasis on password-protected access suggests a small, targeted customer base.

Financially, Lastpick Limited presents a mixed picture. Cash reserves have decreased significantly, falling 89% to just £450, while bank borrowings have increased substantially, reaching £8,400. Trade debtors have also increased dramatically, suggesting potential issues with customer payments. Despite these challenges, creditors have decreased, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp decline in cash reserves is concerning. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company's focus on importing handmade clothing, combined with its password-protected online store, suggests a niche market strategy. However, the financial data indicates that Lastpick Limited is burning through money, and the lack of cash reserves could pose a long-term threat.

Registered in England/Wales under the registration number 10896644, with a registered address at N19 4DR, England, Islington, London, Office 10, Unit 1 465c Hornsey Road.

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