Lush Fabric Ltd

Lush Fabric Ltd from Liverpool UK: a small, active company founded six years ago, employs three people, and holds £485,329 in assets. Operating from a virtual address – where twenty-three other companies are also registered – it’s a solo founder venture led by a single director and owner, Higham Natalija. The company runs an e-commerce site and enjoys a solid 4.0 Google rating based on fifteen reviews. It’s a regular importer of cotton products, with thirty-three months of import activity recorded, the latest in November 2024.

The company’s website showcases a retail business operating via mail order and internet sales, specializing in fabrics. While the site itself is relatively simple, it highlights a range of textiles and related supplies. It’s a small operation, meeting two of the three conditions to be classified as small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Lush Fabric Ltd appears to be in a reasonably healthy state. Cash bank holdings have increased by a substantial 78%, rising to £420,000, and current assets have grown by 60% to £490,000. Creditors have significantly decreased by 110%, dropping to £7,300, which is a positive sign. Equity has also increased by 17%, reaching £620,000. However, the company’s tax liability has increased by 110%, reaching £180,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s growth in assets and cash reserves suggests a period of expansion, while the decrease in creditors points to improved financial management. The increase in tax payable could be due to increased profitability, but it’s worth monitoring to ensure it doesn’t become a burden.

Registered in England/Wales under the registration number 11814783, with a registered address at L17 7BP, England, Liverpool, 118 Aigburth Road.

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