London Lane Limited

London Lane Limited, based in Broughton Astley, UK, is a small, active company founded four years ago. It employs three people and holds £108,846 in assets, operating from a real address. With three directors and one owner, the company regularly imports footwear and related items—the last operation recorded three months ago. Accounts are currently overdue by one month.

The company's website, London Lane, appears to be inactive, suggesting a focus on wholesale rather than direct-to-consumer sales. It operates within the clothing and footwear industries, likely supplying retailers or other businesses.

Financially, London Lane Limited presents a mixed picture. While current assets have decreased by 9.8% to £110,000, creditors have increased significantly by 34% to £300,000. Cash reserves have fallen by 75% to a mere £680, and bank borrowings have increased by 68% to £280,000. Equity has also decreased by 87% to -£190,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the substantial equity decline and low cash reserves are concerning. The lack of a named auditor suggests the company is exempt from a full audit, relying on unaudited financial statements.

Despite the financial pressures, the company’s consistent import activity suggests ongoing business operations. However, the significant increase in creditors and the decrease in cash reserves indicate that London Lane Limited is burning through money, and it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 12931655, with a registered address at LE9 6QF, United Kingdom, Broughton Astley, Leicestershire, The Barn 79 Sutton Lane, Sutton In The Elms.

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