Loopyloomscustomcables Limited

Loopyloomscustomcables Ltd from Oswestry, UK, is a small, active company founded six years ago. With just one employee and £1,035 in assets, it’s a solo venture led by a single founder and director. The company operates an e-commerce site, offering bespoke cables and garnering a perfect 5.0 Google rating from one review.

The website, Loopy Looms Custom Cables, specializes in custom-made cables—MDPCX, Paracord 550, and Techflex—allowing customers to specify their requirements. The site offers various connectors, including Aviator, USB, Audio, and TRRS Split Keyboard Cables, catering to keyboard enthusiasts and audio aficionados. It also features a section for pre-made cables, showcasing popular designs and themes. The site’s emphasis is on quality, handcrafted cables with a focus on customization and customer satisfaction.

Financially, Loopyloomscustomcables Ltd presents a mixed picture. Cash bank on hand increased significantly by 520%, reaching £1,000, a positive sign. However, accrued liabilities within one year rose to £540, and net assets decreased to -£9,100. Bank borrowings decreased by 12%, to £7,700, while creditors increased by 87% to £3,900. The company’s small size—meeting two of three conditions for being considered small—helps with agility, but the decline in equity is a concern. Loans from directors increased by 100%, to £1,900, suggesting the founder is providing financial support. With no auditor mentioned, the accounts are unaudited.

Overall, Loopyloomscustomcables Ltd seems to be navigating a challenging financial landscape, relying on its niche product and strong customer reviews to sustain its operations. It’s a small business with a lot of heart, but it needs to keep a close eye on its finances to ensure long-term success.

Registered in England/Wales under the registration number 11905959, with a registered address at SY11 4BE, England, Oswestry, 14 Rosehill Drive Whittington.

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