Loopy Products Limited

Loopy Products Ltd from London UK: a small, active company founded five years ago, employs eight people, and holds £459,726 in assets. Operating from a virtual address, the company is led by two directors and one owner, and runs an e-commerce site. It's a regular importer of plastics and plastic products, with three months of import activity recorded.

The company's website, Loopy Products, showcases a range of sustainable, plant-based products, including coffee mugs, wine glasses, and salad plates. The site emphasizes "inspired by nature" and "made with plants," targeting eco-conscious consumers. It offers free shipping on orders over £125 and features a variety of payment options, including PayPal and Shop Pay. The website's design is clean and modern, with high-quality product photography and clear calls to action.

Financially, Loopy Products Ltd presents a mixed picture. While cash reserves increased by 8.3% to £240,000, net assets decreased by 72% to -£1,800,000. Bank borrowings decreased by 41% to £4,200, and creditors increased by 41% to £140,000. Trade debtors have increased significantly, by 170%, to £97,000, which could indicate a shift in payment terms or a larger volume of sales. 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 agility, but the substantial equity decline is concerning. No auditor is mentioned, which is typical for small companies.

Overall, Loopy Products Ltd seems to be navigating a period of change. While its e-commerce platform appears well-positioned and its products appeal to a growing market, the financial data suggests the company is burning through money. Whether it can sustain its growth and profitability remains to be seen, but its focus on sustainability and its online presence give it a fighting chance.

Registered in England/Wales under the registration number 12118074, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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