Lps (london) Ltd
- Small
- Active
- 16 years
- 23 employees
- £203,230 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Rating 5.0 (154)
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
Social media
Phones
Summary
Lps (london) Ltd, based in Charlton, UK, is a small, active company founded sixteen years ago in 2008. With 23 employees and £203,230 in assets, it’s a well-established operation. The company has a real address and is managed by one director and owner, boasting a stellar 5.0 Google rating from 154 reviews. It’s an irregular importer, primarily dealing with clothing and accessories made by knitting or crocheting, with just two months of import activity recorded as of November 2022.
The company’s website, lpslondon.co.uk, reveals a focus on garment decoration, branding services, and print-on-demand solutions. It caters to businesses of all sizes, offering screen printing, embroidery, vinyl transfer, and digital printing services. The site highlights a partnership with StanleyStella, a sustainable clothing brand, and emphasizes its ability to handle everything from artwork design to garment finishing and delivery. It even offers a “webshop” service, allowing customers to run their own online stores with LPS handling the printing and fulfillment.
Financially, Lps (london) Ltd shows a mixed picture. While current assets increased by 9.9% to £200,000, net assets plummeted 37% to -£9,300—a significant decline. Bank borrowings decreased by 37% to £15,000, and cash reserves fell 24% to £33,000. Trade debtors increased by 18% to £160,000, suggesting potential issues with customer payments. 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 stay agile, but the equity drop is concerning. The company's depreciation rate used for property plant equipment is zero, which is a bit odd. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, Lps (london) Ltd is facing financial pressures despite its strong online presence and positive customer reviews. The company's focus on print-on-demand and branding services positions it well in a growing market, but it needs to address its declining equity to ensure long-term sustainability.
Registered in England/Wales under the registration number 06720172, with a registered address at SE7 7AX, United Kingdom, Charlton, London, Unit 1 Ramac Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 16 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-11-15 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 8 pages pdf report
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Termination of appointment of Tom Prekopp as a director on 2024-04-08Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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