Lipoelastic Ltd

Lipoelastic Ltd, a small company based in London, UK, has been active for eight years, employing fourteen people and holding assets worth £819,922. With two directors and two owners, the company operates from a real address and regularly imports and exports clothing and accessories, not knitted or crocheted, with a strong focus on compression garments. The business’s website showcases a specialization in postoperative compression wear, offering a range of products and services, including compression bras, body suits, and scar treatment solutions. It even has a physical boutique in London for personalized fittings and consultations.

The website is clearly geared towards e-commerce, with a focus on business-to-business sales. It features a dedicated portal for wholesale customers, detailed product descriptions, and a comprehensive help section addressing common questions about postoperative care. The site also highlights the company's 20 years of experience and its position as a leading supplier of compression garments, emphasizing its commitment to quality and customer satisfaction.

Financially, Lipoelastic Ltd presents a mixed picture. While cash reserves increased by 6.2% to £87,000, net assets experienced a significant drop of 53%, settling at £60,000. Trade debtors increased by 16% to £270,000, while creditors surged by 54% to £640,000. Bank borrowings were reduced by 100% to zero. The company's small size—meeting two of three criteria for a small business—allows for agility, but the decrease in equity raises questions about its long-term financial health. The company's auditor is not mentioned, which is common for small companies.

Despite these challenges, Lipoelastic Ltd appears to be a well-established player in the compression garment market, leveraging its online presence and physical boutique to serve both wholesale and retail customers. The company’s focus on postoperative care and its commitment to quality position it well to continue serving a growing demand for compression solutions.

Registered in England/Wales under the registration number 10509409, with a registered address at N7 8EG, England, London, Unit 12-13 8 Hornsey Street.

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