Lavish Little Style Limited

Lavish Little Style Ltd from Leeds UK: small company, active status, founded 7 years ago, 6 employees, £81,385 assets, real address, 3 directors, 1 owner, solo founder, e-commerce site. It’s a small business, meeting two of the three criteria to be considered small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). The company was incorporated on August 22, 2017, and currently has three directors, including the solo founder, Fawcett Amy.

The company operates an e-commerce site specializing in baby and children’s clothing, with a wide range of products from knitwear and outfits to personalized gifts. The website showcases a vibrant selection of clothing, including items featuring popular characters like Peter Rabbit and Flopsy Bunny. It also offers a range of services, such as personalized clothing and gift boxes. The site’s design is clean and user-friendly, with a focus on high-quality images and detailed product descriptions. It's clear they're aiming for a premium feel, with options like "What's this?" appearing on product pages.

Financially, Lavish Little Style Ltd shows a mixed picture. Current assets decreased slightly, falling by 3.4% to £81,000, while net assets declined by 22% to £73,000. Bank borrowings increased to £2,100, and cash reserves disappeared completely. Creditors increased by 24%, suggesting a reliance on trade credit. The number of employees has also decreased significantly, falling by 33% to just four. While the company’s small size allows for agility, the decrease in assets and cash reserves raises concerns. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's financial data suggests it might be burning through cash, but it’s difficult to say for sure without more information. The increase in bank borrowings and decrease in cash reserves could be a sign of financial strain, but it could also be a result of increased investment in the business. The decrease in the number of employees could be a sign of cost-cutting measures, or it could be a result of the company’s growth. Overall, Lavish Little Style Ltd appears to be a small business with potential, but it needs to carefully manage its finances to ensure its long-term success.

Registered in England/Wales under the registration number 10927429, with a registered address at LS13 1DX, United Kingdom, Leeds, Rock Cottage, Rock Lane.

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