Lunam Limited

Lunam Limited is a small, active company from Faversham, UK, established eight years ago. With just two employees and £52,993 in assets, it’s a solo-founded operation managed by two directors and one owner. The company operates in both retail sales via mail order and internet, and the taxi operation industries.

The company’s website, Lunam Studio, showcases bespoke dressmaking services. It offers a personalized approach, guiding clients through the design process and crafting unique garments—from wedding dresses to one-of-a-kind outfits. The site highlights pattern cutting, garment construction, and fittings, emphasizing the creation of perfectly tailored pieces. It’s clear the business is focused on high-quality, custom-made clothing, rather than mass-produced items.

Financially, Lunam Limited’s report paints a mixed picture. Cash bank on hand increased significantly by 520%, jumping to £8,800, which is a positive sign. However, net assets took a big hit, decreasing by 76% to just £2,000. Creditors also rose sharply, increasing by 290% to £55,000 within a year, and other creditors increased by an astonishing 1500%, reaching £37,000. Debtors, however, increased by 180%, suggesting the company is collecting payments more effectively. Depreciation for motor vehicles increased by 28%, which is a normal increase as the business grows. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the drop in equity and rise in creditors indicates a need to manage cash flow more carefully. There is no auditor mentioned, which is typical for small companies.

Overall, Lunam Limited appears to be a growing business with a niche focus, but it’s facing some financial headwinds. The company’s success hinges on maintaining its reputation for quality and attracting enough custom to offset its rising costs.

Registered in England/Wales under the registration number 10685181, with a registered address at ME13 9TG, England, Faversham, 16 Horselees Road, Boughton-Under-Blean.

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