Lilly Consultancy Limited

Lilly Consultancy Limited is a small, active company based in Coventry, UK, founded fifteen years ago in 2010. It's a family business with three employees and holds £1,526,792 in assets. Operating from a virtual address shared by seventy other companies, the company is led by one director and two owners. Lilly Consultancy specializes in providing outsourcing, recruitment, and training services to CPA firms and corporations, with a U.S.-based firm led by A. Jacob, CPA, at the helm. It also offers accounting and advisory services, managing teams globally.

The company’s website highlights its focus on connecting talent with opportunity and providing expert-led recruitment, outsourced expertise, in-person training, and accounting solutions. It emphasizes dedicated CPAs with backgrounds in Big Four firms and multinational corporations. The site even advertises business planning and assurance support services.

Financially, Lilly Consultancy Limited shows some concerning trends. Cash bank on hand has fallen significantly by 57%, dropping to £590,000, while current assets have also decreased by 11% to £1,500,000. Investment assets, however, have increased substantially, reaching £550,000. Debtors have fallen sharply, a positive sign, but creditors remain relatively stable at £370,000. Equity has declined by 14%, dropping to £1,200,000. Provisions for liabilities have seen a dramatic increase, jumping 560% to £15,000. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the decrease in equity is something to watch. No auditor is mentioned, which is common for companies of this size.

Overall, Lilly Consultancy Limited appears to be navigating a period of change. While its services seem well-positioned to meet the needs of CPA firms, the financial data suggests it’s burning through cash a bit faster than it’s bringing it in.

Registered in England/Wales under the registration number 07176018, with a registered address at CV3 4LB, England, Coventry, West Midlands, Seven Stars House Seven Stars Industrial Estate, 1 Wheler Road.

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