Lio London Ltd

Lio London Ltd, based in Banstead, UK, is a small, active company founded six years ago in 2018. With four employees and £2,726,973 in assets, it operates from a virtual address, managed by a single director and with no owners officially listed. The company regularly imports electrical machinery and equipment, with 5 months of import activity recorded, and occasionally exports the same, with just one month of export activity. It’s a small business, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Lo, presents a different picture entirely. It’s a high-octane cabaret show experience, with locations in Ibiza, Mykonos, Mallorca, and London. The website describes Lo as a “spectacular banquet dining, latenight dancing, and place of a thousand thrills.” It’s a far cry from the quiet world of electrical equipment import and export. The website suggests a focus on entertainment and luxury, with a clear emphasis on creating a memorable, decadent experience. It’s a vibrant and theatrical brand, targeting a sophisticated audience seeking a night of indulgence.

Financially, Lio London Ltd’s report paints a complex picture. While current assets increased by 24% to £2,700,000, net assets plummeted 45% to -£740,000. Bank borrowings increased by 6700%, reaching £730,000, and cash reserves fell 71% to £440,000. Creditors rose 300%, reaching £820,000, while trade debtors decreased by 890%, suggesting a shift in payment terms. The company’s small size helps it remain agile, but the sharp equity drop raises concerns. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

In short, Lio London Ltd is facing financial pressures despite its seemingly thriving entertainment brand. The company’s reliance on a single director and lack of owners may also contribute to management challenges. The contrast between the electrical equipment business and the high-end cabaret show is striking, and it’s unclear how closely the two ventures are linked. Whether Lio London Ltd can successfully navigate these challenges and sustain both its business lines remains to be seen.

Registered in England/Wales under the registration number 11551613, with a registered address at SM7 1BU, England, Banstead, 96 Brighton Road.

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