Ls The Stores Uk Ltd

Ls The Stores Uk Ltd is a small, active company based in London, UK, founded nine years ago in 2016. With five employees and £88,681 in assets, it operates from a virtual address – a point to note as 117 companies are registered at the same location. The company has two directors, but no owners are reported, likely one of the directors. It runs an e-commerce site and regularly imports clothing and accessories, not knitted or crocheted, with 9 months of import activity recorded.

The company’s website, supportthemusicstoreuk.co.uk, showcases a diverse range of products, from artist merchandise like T-shirts and hoodies to instruments, record players, and accessories. It seems to cater to music enthusiasts, featuring a vast selection of artists from ACDC to Yungblud. The site also offers a variety of tote bags and headwear, alongside vintage guitars and pianos. The website is well-designed, with clear categories and a user-friendly interface.

Financially, Ls The Stores Uk Ltd presents a mixed picture. While the number of employees increased by 60% to eight, current assets decreased by 3.4% to £89,000. Debtors have plummeted by a staggering 91%, indicating potential issues with customer payments. Cash reserves, however, have seen a significant boost, increasing by 160% to £14,000. Creditors have also increased by 3.5% to £450,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in net assets to -£350,000 raises concerns. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Ls The Stores Uk Ltd appears to be a small e-commerce business navigating the challenges of growth. While the website suggests a vibrant and well-stocked operation, the financial data indicates a need for careful management of cash flow and customer payments. It’s a company that’s holding steady, but needs to be aware of the pressures it’s facing.

Registered in England/Wales under the registration number 10073243, with a registered address at EC2V 7AW, United Kingdom, London, 125 Wood Street.

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