Lulu Artisan Crafts Ltd

Lulu Artisan Crafts Ltd from Edinburgh UK: small company, active status, founded 4 years ago, 2 employees, virtual address, 2 directors, 1 owner, solo founder. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has been active since its incorporation on April 12, 2021, and currently employs just two people. Registered at a virtual address – 41 Argyle Place, Edinburgh, EH9 1JT – it shares this address with 152 other companies, which is a bit unusual. The business is run by two directors, Diamanti Audinga and Diamantis Evis, and owned by Diamantis Evis, who also serves as the solo founder.

Lulu Artisan Crafts Ltd operates in the retail sector, specifically through mail order and online sales, as well as other non-specialised retail outlets. The company’s website, though currently unavailable, suggests a focus on artisan crafts. It’s unclear if the business has a physical store or showroom.

Financially, Lulu Artisan Crafts Ltd is facing some challenges. Cash reserves have decreased by 56%, dropping to £690, while creditors have increased significantly by 96%, reaching £31,000. Equity has also taken a hit, falling 110% to -£30,000. While bank borrowings remain unchanged, the decline in cash and the rise in creditors indicate a potential strain on the company's liquidity. It's worth noting that the company is exempt from an audit, so these are unaudited figures. The company’s small size and solo founder structure might make it agile, but the financial trends suggest a need for careful management.

Registered in Scotland under the registration number SC695484, with a registered address at EH9 1JT, Scotland, Edinburgh, 41 Argyle Place.

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