Layr Ltd

Layr Ltd from Bristol, UK, is a small, active company founded eight years ago. With just one employee and £49,719 in assets, it operates as a solo-founder e-commerce site from a virtual address. The company has one director and owner, Knowles Leonie.

Layr Ltd specializes in the retail sale of textiles, clothing, and footwear, both online and through markets. Its website showcases a range of apparel and accessories, including hoodies, hats, and tees, often featuring unique designs and collaborations. Customer reviews are overwhelmingly positive, praising the quality and style of the products.

Financially, Layr Ltd's recent accounts show a mixed picture. While cash bank on hand increased significantly by 130%, net assets declined sharply by 87% to just £370. Trade creditors also rose by 28%, suggesting an increase in short-term liabilities. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the equity drop is a cause for concern. Borrowings from directors increased by 40%, which could be a sign of investment or a reliance on personal funds. With no auditor mentioned, the figures are unaudited.

Overall, Layr Ltd appears to be a growing e-commerce business facing some financial pressures. The positive customer reviews and unique product offerings suggest a strong brand, but managing its finances will be key to its long-term success.

Registered in England/Wales under the registration number 10581489, with a registered address at BS35 2BS, United Kingdom, Bristol, 1st Floor Unit 4 Thornbury Office Park Midland Way, Thornbury.

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