Lexanber Limited

Lexanber Limited is a small, active company based in London, UK, founded three years ago in March 2022. The company, with just £1,978 in assets, operates from a virtual address—a detail flagged by the presence of 5,410 other companies registered at the same location—and is run by two directors and two owners. It’s an e-commerce business, regularly importing clothing and accessories made by knitting or crocheting, with four months of import activity recorded as of June 2024. The company’s website, Lexanber, specializes in hoodies, joggers, and casual wear, offering a range of unisex and slim-fit styles.

The business operates in the retail sale via mail order houses or via internet industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The website clearly emphasizes a focus on casual wear and a modern, online shopping experience, with a focus on style and quality.

Financially, Lexanber Limited presents a mixed picture. Cash bank on hand increased significantly by 290%, reaching £1,200, which is a positive sign. However, net assets and liabilities both plummeted by 320%, landing at -£55,000. Creditors also increased substantially, jumping 330% to £58,000. Loans from directors increased by 300% to £54,000. The lack of employees (zero reported) suggests a lean operation, and the accounts are unaudited, likely due to the company’s small size. The directors, Kurian Sharon and Manuel Berlie, are listed as both directors and owners.

While the e-commerce site appears active and focused on its niche, the financials suggest a company burning through cash. It's possible that the company is investing heavily in marketing and inventory to drive growth, but the significant increase in liabilities is something to keep an eye on.

Registered in England/Wales under the registration number 13976659, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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