Lsb Market Ltd

LSB Market Ltd from Cambridge UK: a small, active company founded four years ago, employs one person, and holds £89,143 in assets. With two directors and two owners, it’s a compact operation. It’s an irregular importer of toys, games, and sports equipment, with just one month of imports recorded as of May 2023.

The company operates an e-commerce website selling a range of products, from routers to figurines. The site is well-designed and easy to navigate, with a clear focus on electronics and collectibles. It offers a variety of payment options, including Apple Pay and Google Pay, and boasts a “Refund Policy” and “Terms of Service.” The website’s inventory includes items like TPLink routers, Wacom drawing tablets, and Funko Pop! figurines, catering to a diverse customer base.

Financially, LSB Market Ltd shows some concerning trends. While cash bank on hand increased by a substantial 220% to £13,000, current assets also rose by 160% to £89,000. However, creditors jumped by 160% to £75,000, and other creditors increased by 190% to £63,000. Trade debtors decreased by 42% to £2700. 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 rise in liabilities suggests potential cash flow pressures. It is also worth noting that net assets increased by 210% to £14,000, which is a positive sign. As a small company, it is likely exempt from an audit, so the financial statements are unaudited.

Overall, LSB Market Ltd appears to be a small, online retailer navigating a competitive market. While its website is well-presented and offers a wide range of products, the rising liabilities suggest it needs to carefully manage its cash flow to ensure its long-term viability.

Registered in England/Wales under the registration number 12892829, with a registered address at CB24 8TG, England, Cambridge, 33 Victory Way, Cottenham.

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