Lima Shop Ltd
- Small
- Active
- 6 years
- 1 employee
- Real address
- 1 director
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Lima Shop Ltd is a small, active company based in Slough, UK, founded six years ago in 2019. It’s a private limited company with a real registered address, one director, one owner, and a single employee. The company operates an e-commerce site and specializes in retail sale via mail order houses or via internet.
The website, Lima Lima, showcases a range of handcrafted jewellery, including rings, necklaces, and earrings, with a focus on unique designs and sustainable practices. The site highlights recycled silver, responsibly sourced gemstones, and recyclable packaging, appealing to ethically conscious consumers. Customer testimonials praise the quality, design, and presentation of the products, while the "Lima Lima in the wild..." section features user-submitted photos showcasing the jewellery in real-life settings. The site is powered by Shopify and closed for mat leave until Autumn 2025, but customers can still shop at a number of stockists.
Financially, Lima Shop Ltd’s recent accounts show a mixed picture. While bank borrowings increased by a significant 2,400%, reaching £29,000, creditors decreased by 18%, suggesting better debt management. Current assets have dropped by 24% to £340,000, and net assets plummeted 73% to just £16,000—a significant decline. Cash reserves fell 30% to £28,000. The company meets two of three conditions to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—allowing it to remain agile. No auditor is mentioned, so the figures are unaudited.
The increase in bank borrowings and the decline in net assets suggest the company is burning through cash, likely to fund inventory or marketing efforts. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s focus on unique designs and sustainable practices could help it weather the storm.
Registered in England/Wales under the registration number 11749493, with a registered address at SL1 2XA, England, Slough, Berkshire, Unit 3 Auto Village, Behind Fire Brigade, Tuns Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Khan Arshad
- 6 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Khan Arshad
- 6 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-01-03 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-01-31Download 5 pages pdf report
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Confirmation statement made on 2024-01-03 with no updatesDownload 3 pages pdf report
FAQ about Lima Shop Ltd
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