Lypa Ltd

Lypa Ltd, based in Cannock, UK, is a small, active company founded ten years ago. Despite its longevity, the business is currently facing some challenges, with both accounts and confirmation statements overdue for two years. The company employs just one person and holds £97,977 in assets, managed by a single director and owner who is also the solo founder. It’s a regular importer, although its top import category is listed as 'None,' with just four months of import activity recorded back in 2017.

Lypa Ltd’s website showcases a business specializing in bespoke play equipment and street furniture. The company designs and manufactures using natural materials like sustainably-sourced Jarrah wood and honed concrete, and offers installation or supply-only options. They cater to commercial clients, offering design services and adhering to Australian safety standards. The website clearly emphasizes creativity and customisation, with a vision of providing quality play opportunities for all.

Financially, Lypa Ltd’s situation appears somewhat precarious. Cash reserves have increased significantly by 130% to £56,000, which is a positive sign, but net assets have decreased by 55% to -£35,000. Bank borrowings remain steady at £50,000, and current assets have risen by 24% to £98,000. However, trade debtors have fallen by 27%, suggesting potential difficulties in collecting payments. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the declining equity is a cause for concern. With no auditor mentioned, the figures are unaudited. It seems like Lypa Ltd is working hard, but needs to address its bottom line to ensure long-term sustainability.

Registered in England/Wales under the registration number 09439758, with a registered address at WS11 0EJ, England, Cannock, Staffordshire, 4 Station Court.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.