London Europe Group Ltd

London Europe Group Ltd, based in London, UK, is a small, active company established thirteen years ago in 4th October 2011. It employs four people and holds £1,438,387 in assets. With a real address and a single director and owner, Kaderia Osman Mohammed, the company operates as a regular importer of toys, games, and sports equipment (19 months of import activity, last in September 2022) and an irregular exporter of furniture, lighting, and prefabricated buildings (2 months of export activity, last in November 2021). The company’s website indicates it operates in the wholesale of household goods, with a focus on innovative products and direct consumer engagement. It also runs a separate business, Virolizer, specializing in Covid-related products like masks and testing kits.

The company’s website highlights its history, showcasing 18 years of experience as a leading innovator and distributor of toys, plush, gadgets, and housewares. It also emphasizes its partnerships with major license brands and its commitment to quality and customer service. The site includes contact information and a link to Virolizer, demonstrating a diversification of business interests.

Financially, London Europe Group Ltd presents a mixed picture. Current assets have decreased by 5.4% to £1,400,000, while net assets have remained stable at £750,000. Bank borrowings have decreased by 15% to £410,000, and cash reserves have plummeted 67% to just £8,600. Trade debtors have seen a significant drop of 50%, suggesting improved collections, while creditors have also decreased by 15% to £410,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial drop in cash reserves warrants attention. The accounts are unaudited, likely due to the company’s exemption as a small entity.

In conclusion, London Europe Group Ltd appears to be navigating a period of financial adjustment. While it maintains a diverse product range and a strong online presence, the decline in cash reserves suggests a need for careful financial management. The company's dual focus on wholesale goods and Covid-related products presents both opportunities and challenges in the current market.

Registered in England/Wales under the registration number 07809650, with a registered address at N17 0XJ, London, Unit 4 Hotspur Industrial Estate, West Road.

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