Lolo And Company (aberdeen) Ltd

Lolo Aberdeen And Company Ltd from Aberdeen UK: small company, holding company, active status, founded 1 year ago, 2 employees, £5,665 assets, real address, 2 directors, 2 owners, google rating 4.0 based on 11 reviews. Regular importer of clothing and accessories, not knitted or crocheted (5 months imported). Lolo Aberdeen And Company Ltd is a small, holding company based in Aberdeen, Scotland, and it’s been operating for just one year. With two employees and a Google rating of 4.0 from 11 reviews, it seems to be well-regarded by customers. The company holds just £5,665 in assets and operates from a real address, registered with only one other company, suggesting a relatively low-profile presence.

The company’s website, LoLoCo Boutique, showcases a curated selection of women's clothing from brands like 7 For All Mankind, French Connection, and Tommy Hilfiger. It appears to be primarily an e-commerce business, offering a range of items from dresses and jeans to accessories and gift vouchers. The website also highlights private shopping experiences and a focus on new arrivals and sales. It’s a classic boutique experience, online.

Financially, Lolo Aberdeen And Company Ltd presents a mixed picture. Current assets are reported at £5,700, while net assets sit at a concerning -£750. This negative equity is a significant red flag, indicating that the company’s liabilities exceed its assets. Bank borrowings are minimal, but creditors have risen to £6,200, and trade debtors remain at just £1. The company’s small size—meeting two of three conditions to be considered small—means it’s exempt from an audit, so the figures are unaudited. The directors advanced the company net amounts totalling £5,994, and as of March 31, 2024, a balance of £5,994 is outstanding due to the director.

While the boutique seems to be doing well online, the financial data suggests that Lolo Aberdeen And Company Ltd is burning through cash. It’s a common challenge for new businesses, but the negative equity raises concerns about its long-term viability.

Registered in Scotland under the registration number SC785594, with a registered address at AB23 8LN, Scotland, Aberdeen, Aberdeenshire, 45 Corse Drive Bridge Of Don.

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