Love Frankie Ltd

Love Frankie Ltd, based in Totnes, UK, is a small, holding company with an active status, established thirteen years ago. The company employs six people and holds £96,861 in assets, operating from a virtual address shared by eighteen other businesses. It’s led by one director and one owner, and runs an e-commerce site with a stellar 5.0 Google rating from twenty-eight reviews. Regular imports of furniture, lighting, and prefabricated buildings have been recorded over the last three months.

The company’s website, lovefrankie.com, showcases a vibrant collection of handmade lampshades, creative lighting interiors, and homewares. The site is divided into categories like lampshades, lighting, textiles, and interior design, with a wide range of styles and colours available. It’s clear the company focuses on unique, artistic designs, with a strong emphasis on handmade products and statement pieces. The site also features a blog and a “Whip” section, suggesting a focus on community and brand storytelling.

Financially, Love Frankie Ltd presents a mixed picture. Current assets have fallen by 11% to £97,000, while net assets have plummeted 93% to just £2,000 – a significant drop. Bank borrowings have increased, and cash reserves have decreased by 75% to £2,700. Trade debtors have fallen by 17%, which is a good sign, but the sharp decline in equity is concerning. The company meets two of the three conditions to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), which helps it maintain agility. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Love Frankie Ltd appears to be facing financial challenges despite its strong brand and positive customer reviews. The company’s focus on unique, handmade products and its online presence are strengths, but the decline in equity suggests a need for careful management and potentially new strategies to ensure long-term sustainability.

Registered in England/Wales under the registration number 08009117, with a registered address at TQ9 7PP, United Kingdom, Totnes, Devon, 2 Bridge Farm Offices, Harberton.

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