Lgn Groupe Ltd

Lgn Groupe Ltd is a small, active company based in London, UK, founded four years ago in March 2021. It’s a solo-founded operation with one director and owner, operating from a real address. The company’s status is active, but it's facing some challenges with overdue accounts and confirmation statements. It holds just £10,714 in assets. Lgn Groupe Ltd is an irregular importer of wood and wood products, with just one month of import activity recorded as of July 2022.

The company operates in the agents involved in the sale of food, beverages and tobacco, the non-specialised wholesale trade industries. Its website is not available, so it’s difficult to determine the specifics of its operations. It's likely focused on B2B wholesale rather than direct-to-consumer sales.

Financially, Lgn Groupe Ltd is showing some concerning trends. Cash reserves are holding steady at £9,600, but equity is deeply in the negative, sitting at -£210. Creditors are at £11,000, and net current assets/liabilities are also -£200. While bank borrowings are stable, the negative equity suggests the company is burning through cash and relying on credit to stay afloat. The lack of employees (zero reported) points to a very lean operation, but the negative equity is a red flag. With no auditor mentioned, the figures are unaudited.

It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The company’s irregular import activity and negative equity suggest it’s facing challenges in maintaining profitability. The owner, Sebastien Pascal Lelong, is likely working hard to keep the business going, but the financial picture is precarious.

Registered in England/Wales under the registration number 13287778, with a registered address at N7 8DD, United Kingdom, London, 154 Holloway Road, Flat 1-6.

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