Libby's London Ltd

Libby S London Ltd is a small, active company based in Mill Hill, UK, founded four years ago in 2021. With eight employees and £276,371 in assets, it operates as a family business with a solo founder and an e-commerce site. The company is a irregular importer of cocoa and cocoa products, with just one month of imports recorded as of April 01, 2022. It’s a real address, with seven other companies registered there.

The company's website, Libby Clothes, showcases a British brand offering stylish women's clothing, with a focus on made-in-Britain products and thoughtful marketing. The site features a "Sunshine Sale" and a range of categories, including dresses, tops, shirts, and suiting, catering to a fashion-conscious audience. It also has a blog and a size guide, demonstrating a commitment to customer service and brand storytelling.

Financially, Libby S London Ltd presents a mixed picture. Current assets have increased by 110% to £280,000, while net assets have increased by 120% to -£810,000. Bank borrowings have remained stable at £20,000, and cash reserves have decreased by 43% to £5,300. Creditors have increased significantly by 110% to £1.2 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline suggests potential financial pressures. No auditor is mentioned, and the figures are unaudited.

It seems that the company is burning through cash, despite increased assets, and the significant creditor increase indicates a reliance on short-term financing. The company’s focus on British-made clothing and online sales suggests a deliberate strategy, but its long-term sustainability hinges on its ability to manage its finances effectively.

Registered in England/Wales under the registration number 13329295, with a registered address at NW7 3TD, United Kingdom, Mill Hill, London, Athene House, Suite J, 86 The Broadway.

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