Lulabay Limited

Lulabay Limited, based in Keighley, UK, is a small, active company founded four years ago. With two employees and £290,599 in assets, it operates as a solo-founder e-commerce site with two directors and one owner. The company’s real address is shared by three other businesses, suggesting a relatively common location for small enterprises.

Lulabay Limited's website showcases a wide range of personalized clothing and accessories, catering to women, men, girls, boys, and babies. From pyjamas and dressing gowns to jewelry and blankets, the site offers a diverse selection with a strong emphasis on personalization—a key differentiator in the competitive online retail landscape. The site's navigation is intuitive, and it boasts a comprehensive range of product categories, from baby essentials to home textiles.

Financially, Lulabay Limited’s recent performance presents a mixed picture. While current assets increased by 21% to £290,000, net assets grew by a more substantial 82% to £80,000—a positive sign of building equity. However, bank borrowings jumped significantly, increasing by an unconfirmed amount to £8,200, and cash reserves fell by a dramatic 100% to zero. Trade debtors also rose considerably, increasing by 93% to £100,000, which could indicate challenges in collecting payments. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt and decrease in cash warrants close monitoring. The company is exempt from an audit, so the figures are unaudited.

The rise in debt, coupled with the fall in cash reserves, suggests Lulabay Limited may be burning through money to fuel growth. It's possible the company has invested heavily in marketing or inventory to expand its product offerings and reach a wider customer base. The increase in trade debtors could also reflect a shift towards offering credit terms to customers, which, while potentially boosting sales, also carries the risk of delayed payments.

Registered in England/Wales under the registration number 12840208, with a registered address at BD22 9PT, England, Keighley, Happilands High Binns Farm Height Lane, Oxenhope.

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