Livewell Lifestyle Ltd

Livewell Lifestyle Ltd from London UK: a small, active company founded seven years ago, employs just one person, and holds £435 in assets. It operates from a virtual address, is led by a single director and owner (Donovan Ben), and irregularly imports toys, games, and sports equipment—just one month’s worth, with the last import dating back to March 2019. The company’s activities are focused on agents involved in the sale of a variety of goods.

The business’s website is minimal, offering little insight into its operations beyond its registration details. There’s no obvious e-commerce presence, suggesting a behind-the-scenes role in distribution or sales support rather than direct retail. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Livewell Lifestyle Ltd paints a concerning picture. Accumulated depreciation has increased by 14%, and cash reserves have completely vanished. Bank borrowings have decreased, but creditors have risen significantly—both current and non-financial instruments. Equity has also declined, resulting in negative net assets. Although the company is small, the substantial losses and dwindling cash raise questions about its sustainability. The lack of an auditor (likely exempt due to its size) means the figures are unaudited, adding to the uncertainty. It's not clear what the company is doing to improve its financial standing.

Registered in England/Wales under the registration number 10894762, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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