Ltj International Limited

Ltj International Limited is a small, active company based in London, UK, founded eight years ago in 1997. With £33,140 in assets and a real registered address, it’s a lean operation employing just six people and managed by one director and owner. The company operates in the other retail sale not in stores, stalls or markets industries. It’s an irregular importer of miscellaneous chemical products (just one month of imports recorded in 2020) but a regular exporter of footwear and related items, with 33 months of export activity as of July 2023.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. It's unclear if they have a dedicated website or rely on third-party platforms to sell their products.

Financially, Ltj International Limited is showing some concerning trends. Current assets have fallen by 58%, dropping to £33,000, while net assets have plummeted 53% to £31,000. Cash reserves have taken a significant hit, decreasing 89% to just £1,900. Bank borrowings have increased, and trade debtors have fallen by 76%, suggesting a reduction in outstanding 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The significant drop in cash reserves and the increase in bank borrowings suggest the company might be burning through cash faster than it's generating revenue. While the regular export activity indicates ongoing business, the decrease in assets and the lack of a visible online presence could be a cause for concern. It's possible the company is facing increased competition or experiencing challenges in its supply chain.

Registered in England/Wales under the registration number 10556562, with a registered address at E15 1XH, United Kingdom, London, Burrell House, 44 Broadway.

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