Lbiz Ltd

Lbiz Ltd from London UK is a small, active company founded seven years ago. It holds £14,361 in assets, operates from a virtual address, and is managed by a single director with no owners reported. The company operates in the retail sale via mail order houses or via internet industries.

The website, Simplybiz, doesn's really sell anything directly. Instead, it offers regulatory expertise, financial technology, and business support to financial professionals. It's a membership-based platform providing services like regulatory guidance, access to technology, and assistance with business setup, growth, and even exit strategies. They cater to a wide range of financial advisors, mortgage advisors, discretionary fund managers, and even credit brokers. The site is very professional, with lots of testimonials from satisfied clients—and a strong focus on compliance and technology. It's clear that Simplybiz isn't an e-commerce business in the traditional sense; it's a B2B platform facilitating growth and efficiency within the financial services sector.

Financially, Lbiz Ltd shows a mixed picture. Current assets have decreased by 28% to £14,000, and net assets have fallen by 120% to just £440. Bank borrowings have decreased by 38%, and cash reserves have also fallen by 35%. Creditors have decreased by 55%, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it likely avoids more complex reporting requirements. No auditor is mentioned, which is typical for small companies. The decrease in equity is a bit concerning, but it could be due to reinvestment in the business. It’s difficult to say for sure without more information, but the company seems to be navigating a challenging financial landscape.

Registered in England/Wales under the registration number 10859229, with a registered address at EC1V 2NX, England, London, Kemp House 160 City Road.

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