Lilipop Mill Ltd

Lilipop Mill Ltd, based in Walsall, UK, is a small, family-run business with an active status. Founded six years ago in 2019, the company employs just one person and holds £26,319 in assets. Operating from a virtual address shared by thirteen other companies, it's managed by two directors and two owners, Rollins Mark David and Rollins Rebecca Alison. The company has a stellar 5.0 Google rating based on a single review. Lilipop Mill specializes in weaving textiles, and also imports electrical machinery and equipment, with one month of import activity recorded.

The company's website showcases a diverse range of products, from fleece processing services to finished goods like alpaca yarn, rugs, and homeware. It caters to both crafters and businesses, offering a range of kits, equipment, and raw materials. The website also highlights workshops and a commitment to British-made products, emphasizing the use of alpaca fibre and a passion for quality. It’s clear that the business is focused on both processing raw materials and selling finished goods directly to consumers.

Financially, Lilipop Mill Ltd presents a mixed picture. While current assets increased by a significant 73%, reaching £26,000, net assets remained negative at -£100,000. Bank borrowings were stable at £4,100, and cash reserves increased to £10,000. However, creditors jumped considerably, rising 130% to £8,800, suggesting potential pressures on short-term payments. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the negative equity is a concern. There's no auditor mentioned, likely due to its small size and exemption from an audit.

Overall, Lilipop Mill Ltd appears to be a small business navigating the challenges of growth. While its website and product range suggest a solid foundation, the financial data indicates a need for careful management of costs and payments to ensure long-term sustainability.

Registered in England/Wales under the registration number 11890605, with a registered address at WS6 6NL, England, Walsall, 183 Walsall Road, Great Wyrley.

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