Lilygood Ltd

Lilygood Ltd from Sheffield, UK, is a small, active company founded four years ago. With a single employee and £22,161 in assets, it’s a solo venture led by a director and owner, Turk Ahmet. The company operates in both retail sales via mail order and internet, and management consultancy, showcasing a diverse business model.

The company’s website, Timothy Foxx, is a vibrant online marketplace specializing in tweed clothing and accessories for both men and women. It features a wide range of items, from skirts and jackets to flat caps and homewares, with a strong emphasis on British craftsmanship and a distinctive aesthetic. The site also highlights collaborations with ambassadors and influencers, and actively promotes new arrivals and seasonal collections. It’s clearly an e-commerce driven business, with a strong visual presence and a focus on creating a curated shopping experience.

Financially, Lilygood Ltd’s recent performance paints a mixed picture. Cash bank on hand decreased by 6.8% to £15,000, while creditors increased by 71% to £1,800. Trade debtors have also seen a significant drop of 32%, suggesting difficulties in collecting payments. Equity, however, has seen a positive growth of 12%, indicating some level of retained earnings. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in debtors and cash reserves could be a cause for concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Lilygood Ltd appears to be navigating a challenging financial landscape. While the website shows a strong brand identity and active sales, the company’s financial health requires close monitoring.

Registered in England/Wales under the registration number 13330356, with a registered address at S5 8RA, England, Sheffield, 74 Galsworthy Road.

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