Love The Sales Limited

Love The Sales Ltd from London UK: a small, active company founded eleven years ago, employs nineteen people, and holds £178,556 in assets. It operates as an e-commerce site, registered at a virtual address shared by over three thousand other companies, and is led by four directors – although no owners are officially listed.

The company’s core business is retail sale via mail order houses or via internet, as evidenced by its extensive website. The site showcases a vast selection of designer clothing, shoes, bags, and accessories from brands like Hugo Boss, Ralph Lauren, and Michael Kors, catering to both men and women. It’s a real treasure trove for fashion lovers, with a focus on discounted prices and trending items. The site has a good range of brands and a good search function.

Financially, Love The Sales Ltd is showing some concerning trends. While current assets decreased by 42% to £180,000, bank borrowings have dramatically increased by 170,000% to £170,000. Cash reserves have also dropped significantly by 69% to £39,000. Creditors have also increased by 130% to £700,000. The company's small size—meeting two of three conditions for being considered small—helps with agility, but the sharp decline in equity, down 14%, is a cause for concern. The company’s deferred income increased by 95% to £75,000, which may be a good sign. The lack of a mentioned auditor (likely exempt due to its size) means the figures are unaudited.

It's clear that Love The Sales Ltd is facing some financial headwinds, and it’s burning through money. The increase in bank borrowings suggests a need for immediate funding, and the decrease in cash reserves is worrying. However, the company's strong e-commerce presence and wide selection of brands could help it weather the storm, and the increase in deferred income is a positive sign.

Registered in England/Wales under the registration number 08642577, with a registered address at EC1V 2NX, England, London, 128 City Road.

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