Lund London Ltd

Lund London Ltd from Dartford UK: a small, active company founded eleven years ago, employs eleven people, and holds £652,764 in assets. It operates from a virtual address, managed by one director and one owner, and runs an e-commerce site. Google ratings are a respectable 4.0 based on one review. The company regularly imports and exports iron or steel products, with 15 months of import activity and 34 months of export activity recorded.

The company’s website, Lund Design House, showcases a range of products including water bottles, lunch boxes, desk lamps, and photo frames, all characterized by bold British design and a focus on personalization via laser engraving. The site caters to a global audience, offering products in multiple currencies and shipping worldwide. It’s clear the company is aiming for a premium, design-led brand, emphasizing quality and customization.

Financially, Lund London Ltd presents a mixed picture. Current assets have decreased by 29%, dropping to £650,000, while net assets have plummeted 130%, resulting in a negative equity of -£61,000. Bank borrowings have increased significantly by 130%, reaching £180,000, and cash reserves have completely vanished. Creditors have also increased by 38%, reaching £400,000. Despite this, trade debtors have remained stable, suggesting good management of customer 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) allows for flexibility, but the substantial equity decline raises concerns. No auditor is mentioned, likely due to the company's small size and exemption from audit.

Overall, Lund London Ltd appears to be navigating a challenging period. While its e-commerce site and product range are well-presented, the financial data suggests the company is burning through cash. Whether it can sustain its operations and achieve profitability remains to be seen.

Registered in England/Wales under the registration number 08932549, with a registered address at DA1 5BU, England, Dartford, Unit 2 Invicta Park, Sandpit Road.

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