Lovetree Design Limited

Lovetree Design Ltd from Halesowen, UK, is a small, active company established ten years ago. Employing seven people, the family business operates an e-commerce site and holds £70,316 in assets, with a real address. Two directors and two owners manage the company, which specializes in retail sales via mail order and online.

The company’s website showcases a wide range of personalized gifts and clothing, catering to various occasions like Mother's Day, Father's Day, Christmas, and weddings. They offer everything from baby grows and t-shirts to luggage accessories and home décor, with a particular emphasis on matching sets for families and couples. The site also highlights custom products and drop shipping services, indicating a willingness to adapt to evolving customer needs. They have a great selection of products, and the website is well-designed.

Financially, Lovetree Design Ltd presents a mixed picture. While current assets increased by 35% to £70,000, net assets decreased by 62% to -£11,000. This suggests the company is spending more than it's earning, and it’s a concern. Bank borrowings remained steady, and cash reserves are at £7,600. Creditors decreased by 60%, which is a positive sign, but the overall trend points to a company working to manage its finances. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is common for smaller, exempt companies.

The decrease in average employees from seven to four is a notable change, which could be a result of restructuring or changing business needs. It's possible the company is trying to streamline operations to improve profitability, but the declining net assets raise questions about its long-term financial health.

Registered in England/Wales under the registration number 09498319, with a registered address at B63 3SW, England, Halesowen, West Midlands, Unit 2 Borough Court, Grammar School Lane.

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