Lsu: Love Support Unite Africa Ltd

Lsu Love Support Unite Africa Ltd, based in Holyhead, UK, is a small, active holding company established eleven years ago. With £19,272 in assets and a yearly revenue of £32,514, it's a modest operation managed by four directors and a single owner. The company’s real address is registered at LL65 3PU, Wales, Holyhead, Tabralit, Y Stabl, Ty Hen Road, Bryngwran, and only one other company is registered there, suggesting a genuine address.

The company's primary focus appears to be supporting African communities through integrated, community-based projects centered on education, nutrition, enterprise, and healthcare. It partners with organizations like African Vision Malawi, Mphatso Children's Foundation, and Stepping Stones, channeling funds through the Malawi Projects to cover operational costs and salaries. The website highlights its commitment to sustainable development, emphasizing a "leg-up, not a handout" approach. It operates primarily through online retail, selling specialist glasses and other merchandise, and has a strong focus on education, nutrition, health, environment, and enterprise initiatives.

Financially, Lsu Love Support Unite Africa Ltd shows some concerning trends. Net assets have plummeted 75%, dropping from £20,000 to just £4,900—a significant decrease. Cash bank on hand has also declined by 11%, falling to £4,900. Administrative expenses have seen a substantial reduction, down 39%, which could be a positive sign of cost control, but it’s also possible it reflects reduced activity. Turnover revenue has fallen by nearly half, dropping 48% to £33,000. Trade debtors have decreased dramatically, which is good, but the overall picture suggests the company is burning through cash. The lack of employees (zero reported) points to a very lean operation. As a small company, it's exempt from an audit, so the figures are unaudited.

While the company’s mission is admirable and its website demonstrates a clear purpose, the financial data indicates a need for careful management. The sharp decline in equity and revenue raises questions about its long-term sustainability, and it’s possible the company is relying heavily on donations or external funding to maintain operations.

Registered in England/Wales under the registration number 08812384, with a registered address at LL65 3PU, Wales, Holyhead, Tabralit , Y Stabl, Ty Hen Road, Bryngwran.

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