Lost In Samsara Ltd

Lost In Samsara Ltd is a small, active company registered in London, UK. Founded six years ago in March 2019, it operates as an e-commerce business with a focus on upcycled and fair trade gifts. The company employs just two people and holds assets valued at £4,455. While it has a registered address, it’s likely a virtual one, as 204 other companies share the same location. The business is run by two directors, though no owners are officially listed.

The company's website showcases a range of ethically sourced and upcycled products, including bags, jewellery, and accessories made from materials like truck tyre inner tubes and cement bags. It emphasizes sustainability and fair trade practices, partnering with artisans worldwide and planting a tree for every product sold. The website also highlights a commitment to plastic waste reduction, rescuing 10 plastic bottles per order.

Financially, Lost In Samsara Ltd presents a mixed picture. While cash reserves increased significantly by 670% to £1,300, net assets decreased by 57% to -£25,000. Liabilities have increased, with creditors up 19% to £47,000. Trade debtors are also up, suggesting potential issues with customer payments. The company's small size (meeting two of three criteria for a small company) helps it remain agile, but the negative equity and rising debts are concerning. The company's bank borrowings have increased, and it’s important to note that the company has a deficit balance sheet and made a loss this year. The directors are confident that the company will trade out of its current difficulties. As a small company, it’s exempt from an audit, so the financial information is unaudited.

Registered in England/Wales under the registration number 11902548, with a registered address at NW8 8SS, England, London, Gemma House, 39 Lilestone Street.

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