Limb Limited

Limb Ltd from Ashton-Under-Lyne UK: a small, active company founded 10 years ago, employs just two people, and holds £51,052 in assets. It’s a real address, with two directors and two owners at the helm. The company is an irregular importer of various textile products, sets, used clothing, and rags (last import in September 2023), but a regular exporter of clothing and accessories (last export in November 2018).

The company operates in the retail sale of clothing in specialised stores, and its website, though currently unavailable, likely reflects this focus. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Looking at the financials, Limb Ltd’s current assets have decreased by 16%, falling to £51,000. Bank borrowings have also dropped by 12%, settling at £31,000, and cash reserves have fallen by 22% to £34,000. Creditors have decreased by 19%, suggesting better debt management, but the most significant change is the drop in equity, which has fallen by 1.1% to -£6,600. The company’s trade debtors have plummeted by 73%, which could be a positive sign of quicker payments or a reflection of reduced sales.

The company is not audited, and the financial statements are unaudited. The company’s net assets are negative, which could be a concern. The company’s cash reserves are low, which could make it difficult to meet its financial obligations. However, the company’s creditors have decreased, which suggests that it is managing its debt well. The company’s small size and focus on exporting clothing and accessories could help it to weather the current economic downturn.

Registered in England/Wales under the registration number 09355356, with a registered address at OL5 9AY, Ashton-Under-Lyne, Lancashire, 4th Floor ,Woodend Mill 2 Manchester Road, Mossley.

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