Lovely Ltd

Lovely Ltd from Warwick UK: a small, active company founded seven years ago, employs one person, and holds £3,117 in assets. It's a family business with two directors and two owners, operating from a real address. The company's status is active.

Lovely Ltd specializes in retail sale via mail order houses or via internet. Its website showcases a range of services, including smart home installation, security systems, and audiovisual solutions. It works with leading brands like Control4, Savant, and Lutron, providing comprehensive automation solutions for homes. Customer reviews praise the company's professionalism, punctuality, and skilled workmanship, with one client particularly impressed by a TV installation.

Financially, Lovely Ltd’s recent report paints a mixed picture. Current assets have fallen significantly, dropping 65% to just £3,100. Debtor balances have vanished completely, a big change from the previous year. Equity has also taken a severe hit, plummeting 96% to a mere £490. While creditors have decreased slightly, the sharp decline in assets and equity suggests the company is facing financial pressure. Bank borrowings have increased, which is not ideal. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the substantial drop in net assets raises concerns. No auditor is mentioned, which is common for small, exempt companies.

It appears Lovely Ltd is navigating a challenging period, despite positive customer feedback and a focus on high-quality smart home services. Whether the company can maintain its momentum and turn things around remains to be seen.

Registered in England/Wales under the registration number 11150528, with a registered address at CV34 5TH, United Kingdom, Warwick, 17a Millbank.

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