Little Lies Ltd

Little Lies Ltd is a small, active company based in Dundee, UK, founded nine years ago in 2015. With £307,576 in assets and a virtual address, it employs sixteen people and is overseen by two directors and two owners. The company operates an e-commerce site and boasts a stellar 5.0 Google rating from 284 reviews. It regularly imports clothing and accessories, not knitted or crocheted, with 34 months of import activity recorded, the latest in November 2024.

The company’s website, Little Lies, showcases a bohemian rock 'n' roll aesthetic, offering a curated selection of clothing, accessories, and archive pieces. The site emphasizes individuality and a free-spirited vibe, with collections like "The Boho Edit" and "Archive" catering to a specific customer base. It also features a blog with stories and collections, reinforcing the brand's identity.

Financially, Little Lies Ltd presents a mixed picture. Current assets have decreased by 14% to £310,000, while net assets have plummeted 61% to £87,000 – a significant drop. Bank borrowings have surged by 300% to £17,000, and cash reserves have remained relatively stable at £180,000. Creditors have also increased by 110% to £210,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the sharp equity decline raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the e-commerce side appears vibrant and well-regarded, the financials reveal some pressure. Whether this is typical for a growing business or a longer-term challenge remains to be seen—but for now, Little Lies Ltd is betting on its unique brand and loyal customer base to navigate the financial landscape.

Registered in Scotland under the registration number SC506627, with a registered address at DD1 4EF, Scotland, Dundee, Angus, 25 Tay Street Lane.

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