Lovegrass Limited

Lovegrass Ltd from Kenley UK is a small, active company founded nine years ago. Employing six people, it holds £560,295 in assets and generates £1,061,443 in yearly revenue. It's a family business with two directors and two owners, operating a real address and an e-commerce site with a stellar 5.0 Google rating from 27 reviews. The company regularly imports cereal and milk-based food products—19 months of activity recorded, the last in December 2024—and occasionally exports cereals, with just one month of export activity in March 2023.

The company operates in the non-specialised wholesale of food, beverages and tobacco, and retail sale via mail order houses or via internet industries. Its website isn's available to analyse.

Financially, Lovegrass Ltd shows some interesting trends. Accumulated depreciation has grown significantly, increasing by 490% to £15,000—a sign of investment in fixed assets. Administrative expenses have also risen, jumping 50% to £210,000. A specific advance or credit to directors has decreased by 65% to £110,000, which could be a positive sign of improved cash flow. Bank borrowings have increased by 24% to £300,000, and cash reserves have grown by 69% to £290,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain flexible. However, equity has declined by 59% to £53,000, which could indicate a need for further investment. There's no auditor mentioned, likely exempt as a small company, so the figures rely on unaudited statements.

In short, Lovegrass Ltd appears to be a steady performer, but the decline in equity suggests it may need to carefully manage its finances going forward.

Registered in England/Wales under the registration number 09633352, with a registered address at CR8 5NH, England, Kenley, Legion House 75 Lower Road, Ground Floor Premises, (South Wing).

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