Lavair Limited

Lavair Limited is a small, active company based in Aston Sandford, UK, founded six years ago in 2019. With £295,041 in assets and a real registered address, it’s a tight-knit operation with one director and one owner. The company employs three people and regularly imports footwear and related items, with 7 months of import activity recorded, the last in July 2023.

The company operates in the wholesale of clothing and footwear industries. Its website currently displays a "We're making some updates..." message, suggesting ongoing improvements to the online shopping experience. This is a good sign that the company is investing in its digital presence.

Financially, Lavair Limited shows a mixed picture. Current assets have decreased by 48% to £300,000, while net assets have decreased by 86% to -£280,000. Bank borrowings have decreased by 64%, reaching £10,000, and cash reserves have increased by 49% to £19,000. Creditors have decreased by 19%, suggesting better 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financials also show some interesting trends. Average number of employees during the period increased by 33%, which could be a positive sign of growth. However, the decrease in debtors by 81% is a concern, suggesting potential issues with collecting payments. The increase in other taxation social security payable by 76% is also something to watch. Overall, Lavair Limited appears to be navigating a challenging financial landscape, but its ongoing investments and focus on its niche market suggest a commitment to long-term success.

Registered in England/Wales under the registration number 11972200, with a registered address at HP17 8JB, England, Aston Sandford, Bucks, The Dairy, Manor Courtyard.

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