My Lalaland Limited
- Small
- Active
- 11 years
- 12 employees
- £807,889 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
My Lalaland Limited, based in London, UK, is a small, active company established eleven years ago in 2013. With twelve employees and £807,889 in assets, it's a solo-founded operation managed by a single director and owner, Mikati Mira. The company regularly imports and exports clothing and accessories (excluding knitted or crocheted items), with 201 months of import activity and 567 months of export activity recorded.
The company’s website, LaLa Land Records, is a specialist retailer of rare and out-of-print music recordings, primarily film scores and soundtracks. The site boasts an impressive catalog, with a focus on limited-edition releases and collector's items. It’s clear that the company’s niche is catering to dedicated music enthusiasts and film buffs. The site also offers gift certificates and print order forms, suggesting a focus on customer service and a desire to build a loyal following.
Financially, My Lalaland Limited presents a mixed picture. While current assets increased by 10% to £810,000, net assets surprisingly plummeted 160% to £460,000. Bank borrowings decreased by 40%, reaching £61,000, and cash reserves fell by 35% to £19,000. Creditors, however, increased significantly by 74%, reaching £290,000. 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 drop is concerning. No auditor is mentioned, likely due to the company's exemption as a small entity.
The company’s focus on a niche market and its dedication to rare recordings could be a strength, but the financial trends suggest it's facing some challenges. Whether it can sustain its operations and continue to serve its dedicated customer base remains to be seen.
Registered in England/Wales under the registration number 08805654, with a registered address at SW3 2JL, England, London, 172 Walton Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 11 years
- 1
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about My Lalaland Limited
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