Luckybubble Limited

Luckybubble Limited, based in Harrow, UK, is a small, active company founded four years ago. With ten employees and £68,247 in assets, it operates from a real address and is led by one director and owner, Weng Lixiong. The company regularly imports miscellaneous food products, with its most recent import activity occurring in July 2024. Luckybubble Limited primarily focuses on the retail sale of beverages in specialised stores, operating both online and through physical locations in Harrow and Shepherd's Bush. Its website highlights a focus on high-end bubble tea, featuring unique offerings like Cheese Fresh Fruit Smoothie and Brown Sugar with Cheese Cream, emphasizing fresh ingredients and Chinese tea culture. The company also actively seeks franchise partners and promotes a "Tea with Soul" philosophy.

The company’s financial health presents a mixed picture. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), its current assets have decreased by 30% to £68,000. Cash bank on hand has plummeted by a significant 82% to £11,000. Trade debtors, however, have increased by 61% to £55,000, which could indicate an expansion of credit terms or delayed customer payments. Equity has also decreased by 23% to £60,000. The company’s liabilities have also changed, with accrued liabilities increasing by 53% and other creditors decreasing by 100%. The lack of an auditor mentioned suggests the company is exempt due to its size, relying on unaudited financial statements.

Overall, Luckybubble Limited appears to be navigating a period of financial adjustment. The decrease in cash reserves and equity raises concerns, but the increase in trade debtors could signal growth and expansion. It’s likely that the company is reinvesting profits to fuel its growth, but careful management of cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 12761798, with a registered address at HA1 1AS, England, Harrow, St Anns Shopping Centre, St. Anns Road.

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