Lutka Ltd

Lutka Ltd from Liverpool UK: small company, active status, founded 9 years ago, virtual address, 2 directors, 1 owner. This Liverpool-based company, Lutka Ltd, is a small, active business that’s been operating for nine years. Registered on July 20, 2015, it's a limited company with two directors and one owner, though it’s worth noting that the owner list isn’t exhaustive. The company’s registered address is a virtual one, sharing space with seventy-one other businesses—a bit of a red flag, really.

Lutka Ltd operates in a diverse range of industries, including weaving textiles, retail sales via mail order and internet, providing holiday accommodation, and acting as an agent for textile, clothing, fur, footwear, and leather goods. The company’s website, while not detailed, suggests a focus on these areas, though it doesn't give much information. It’s a small company, meeting two of the three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Lutka Ltd is showing some concerning trends. Net assets have declined significantly, dropping from -£52,000 to -£63,000, a 21% increase in losses. Loans from directors have also risen by 21%, reaching £63,000, and creditors are up by the same amount. Cash reserves, however, aren't mentioned. The company’s small size allows for flexibility, but the growing losses and reliance on director loans suggest it’s burning through money. It’s worth noting that the accounts are “filleted” and unaudited, meaning they’re simplified and haven’t been independently verified. There’s no mention of an auditor.

Overall, Lutka Ltd appears to be a small business facing financial pressure. While its diverse operations show potential, the declining equity and growing debt raise concerns about its long-term sustainability. It's a bit of a mixed bag, really.

Registered in England/Wales under the registration number 09692642, with a registered address at L4 3QF, England, Liverpool, 137 County Road, Walton.

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