Love Life And Ride Ltd
- Small
- Active
- 7 years
- 1 employee
- £20,679 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
- Rating 5.0 (85)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Love Life and Ride Ltd, based in Wokingham, UK, is a small, active company founded seven years ago. With a single employee and £20,679 in assets, it operates as a solo founder’s e-commerce venture, boasting an impressive Google rating of 5.0 from 85 reviews. The company has one director and owner, and its registered address is real, with only one other company registered there.
The website, lovelifeandride.com, focuses on selling Helite airbag specialists, offering virtual and in-person shopping appointments, price matching guarantees, and a range of services like expert airbag jacket fitting and puncture prevention. It specializes in airbag jackets and vests for commuting, track and race use, touring, and cycling/e-bikes. The site also features customer reviews and case studies, highlighting its commitment to quality and service.
Financially, Love Life and Ride Ltd shows a mixed picture. Current assets have fallen by 44% to £21,000, while net assets have plummeted 30% to -£150,000. Bank borrowings have also decreased, but cash reserves have fallen significantly by 71% to £2,300. Creditors have increased by 17% to £170,000, and trade debtors have risen by 48% to £1,000. 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 decline in equity and cash reserves suggests potential financial strain. No auditor is mentioned, which is typical for small companies.
It seems that Love Life and Ride Ltd is facing some financial headwinds, despite its strong customer reviews and specialized product offering. The company's focus on airbag safety gear and its commitment to customer service may help it weather these challenges, but careful management of its finances will be crucial for its long-term success.
Registered in England/Wales under the registration number 10798907, with a registered address at RG41 3UG, United Kingdom, Wokingham, 16 Minden Close.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Houlton Nicholas Richard
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Houlton Nicholas Richard
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2023-09-30Download 8 pages pdf report
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Confirmation statement made on 2024-05-31 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2022-09-30Download 8 pages pdf report
FAQ about Love Life And Ride Ltd
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