Live Laugh Love Limited

Live Laugh Love Ltd from Wickford UK: a small, active company founded 13 years ago, employs four people, and holds £114,710 in assets. Operating from a virtual address, it’s led by one director and owner, and runs an e-commerce site. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Live Laugh Love Shabby Chic, Vintage Nautical Decor Gifts, showcases a diverse range of home accessories, furniture, and gifts. It specializes in shabby chic, vintage, and nautical-themed decor, with sections dedicated to bathroom, bedroom, hallway, kitchen, living room, and office spaces. The site also offers a selection of gifts, including personalized items and nautical-inspired treasures. It even has a section for wedding ideas and vintage furniture. The website is well-designed, with clear navigation and a focus on visual appeal, and offers free delivery on orders over £40.

Financially, Live Laugh Love Ltd presents a mixed picture. Current assets have decreased by 32%, dropping to £110,000, while net assets have plummeted 44% to £31,000. Bank borrowings have surged by a staggering 2,400%, reaching £29,000, and cash reserves have fallen 69% to just £240. Creditors have also decreased by 26%, which could be a positive sign of better debt management. The company’s average number of employees during the period has halved, dropping to just two. The unaudited financial statements, likely exempt due to its small size, rely on director-reported data.

Overall, Live Laugh Love Ltd appears to be navigating a challenging period. While its e-commerce site demonstrates a clear focus and appealing product range, the financial data suggests a need for careful management and potentially some adjustments to its business strategy. The virtual address also raises questions about the company’s operational setup.

Registered in England/Wales under the registration number 07987889, with a registered address at SS12 0HD, England, Wickford, 92 Friern Gardens.

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