Leelaign Ltd

Leelaign Ltd from London UK: small company, active status, founded 2 years ago, 1 employee, £1,599 assets, virtual address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of the three criteria to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, incorporated on June 06, 2022, operates in the retail sale via mail order houses or via internet industries. It’s a solo founder operation, with one director and one owner, Moelz Kremena Todorova, reported. The address, WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street, is likely virtual, as 13,669 other companies share the same location.

The company’s website, Lilanch Home, showcases a stock acquisition business. It appears to be an ecommerce operation, sourcing and supplying a wide range of products – from garden items and furniture to clothing, shoes, giftware, sports equipment, and electronics. The website emphasizes a “friendly team of experts” delivering “efficient and cost-effective solutions.” Testimonials highlight exemplary service and fulfillment of stock requirements. The site includes links to social media accounts and contact information. It’s a fairly standard ecommerce setup, with a focus on B2B stock solutions rather than direct consumer sales.

Financially, Leelaign Ltd presents a mixed picture. While cash reserves increased slightly to £320, current assets decreased significantly to just £1,600—a 37% drop. Intangible assets also saw a decline, falling 28% to £3,700. Borrowings from directors, however, jumped 71% to £33,000. Perhaps most concerning is the substantial increase in net liabilities, which ballooned 140% to -£28,000. The company’s small size and lack of employees (just one reported) suggest it’s operating with minimal overhead, but the rising debts and declining assets indicate potential financial strain. As a small company, it's exempt from an audit, so the figures are unaudited. It's clear the company is burning through money, and it’s not clear how long it can continue to do so.

Registered in England/Wales under the registration number 14150359, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.

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