Loop 360 Ltd

Loop 360 Ltd, based in London, UK, is a small, active holding company established three years ago. With four employees and £953,284 in assets, it operates from a real address shared by four other companies, suggesting a genuine business presence. The company is overseen by four directors and has one reported owner, though this figure may not be exhaustive. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with recent import activity recorded just one month ago. The company operates in the combined facilities support activities industries.

The company's website is unavailable, making it difficult to assess its online presence and specific offerings. Without a website, it’s impossible to determine if Loop 360 Ltd engages in e-commerce or primarily functions as a back-office operation for other businesses.

Financially, Loop 360 Ltd shows a mixed picture. Cash reserves have significantly increased, jumping 150% to £630,000, a positive sign of improved liquidity. However, net losses deepened to £130,000, a considerable turnaround from the previous year's -£24,000. Trade debtors have also risen sharply, increasing by 480% to £320,000, which could indicate challenges in collecting payments or an expansion of credit terms. Creditors have increased by 170% to £910,000, and other creditors have increased by 760% to £450,000, suggesting increased reliance on borrowing. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The company is exempt from an audit, so the financial data is unaudited.

Overall, Loop 360 Ltd appears to be navigating a period of growth, but with increased financial pressures. The substantial increase in debt and the deepening losses suggest a need for careful management. The company's status as a holding company and its irregular import activity indicate a complex business model that warrants further scrutiny.

Registered in England/Wales under the registration number 13813082, with a registered address at W1T 1AG, England, London, 10 Stephen Mews.

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