Lilanch Limited

Lilanch Ltd from Oldham UK is a small, active company founded 17 years ago. With five employees and £1,261,718 in assets, it operates from a virtual address – ninety other companies are registered at the same location. The company is led by one director and owned by Benjamin Lee Robert. Lilanch Ltd regularly imports clothing and accessories (excluding knitted or crocheted items) for 14 months, and exports toys, games, and sports equipment for 13 months.

The company operates in the non-specialised wholesale trade industries. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is not available for review.

Financially, Lilanch Ltd shows some concerning trends. Cash reserves have plummeted by 88%, dropping to £51,000. Bank borrowings, however, have decreased by 39%, reaching £16,000. Creditors have also fallen by 39%, indicating improved debt management. Trade debtors have increased significantly, rising by 68% to £560,000, which could suggest delayed payments from customers. Equity has also decreased by 9.7%, to £900,000. While fixed assets have fallen by 50%, this could be due to depreciation or strategic investments. The company’s small size and lack of an auditor (likely exempt) mean the figures are unaudited.

Overall, Lilanch Ltd appears to be facing financial pressure, with declining cash reserves and a significant increase in trade debtors. However, the decrease in bank borrowings and creditors suggests some efforts to manage debt. The company’s ongoing import and export activities indicate continued business operations, but its long-term financial health remains uncertain.

Registered in England/Wales under the registration number 06558454, with a registered address at OL9 9XA, England, Oldham, C/O Edwards Veeder (Uk) Limited Ground Floor, 4 Broadgate, Broadway Business Park, Chadderton.

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