The Lucky Onion Llp

The Lucky Onion Llp from Cheltenham, UK, is a large holding company with an active status, established fourteen years ago in June 2010. Employing thirty-nine people, it operates from a virtual address, raising some questions about its physical presence, and is managed by two directors and two owners. Its Google rating stands at a respectable 4.0 based on seven reviews, and it regularly imports essential oils and perfumes, with the last import operation occurring three months ago in May 2023.

The Lucky Onion Llp appears to be a holding company with a diverse range of activities. It owns Dowdeswell Aviation Llp and manages it, and was previously known as Dunkerton Properties Llp. It’s also a parent company to Cult Clothing Cheltenham Ltd, and its founder, Dunkerton Julian Marc, holds a significant stake. The company’s website doesn't provide much detail, suggesting a focus on internal operations rather than direct customer engagement.

Financially, The Lucky Onion Llp presents a mixed picture. While turnover remained steady at £6.6 million, net assets declined by 6.4% to £9.5 million. Bank borrowings increased dramatically by 2,400%, reaching £29,000, while cash reserves fell by 30% to £28,000. Creditors decreased by 18%, which is a positive sign. The company meets two of three conditions to be considered a large company: turnover exceeding £36 million and a balance sheet total above £18 million, and has more than 250 employees. The lack of an auditor mentioned suggests it's exempt, relying on unaudited financial statements.

The sharp decline in cash reserves and the increase in borrowings could indicate that the company is burning through money, perhaps due to investments or expansion plans. The virtual address, combined with the mixed financial performance, warrants closer scrutiny. However, the company’s established presence, Google rating, and ownership by well-known figures suggest it's not in immediate danger, but needs to carefully manage its finances and address its cash flow challenges.

Registered in England/Wales under the registration number OC356004, with a registered address at GL52 6UT, England, Cheltenham, Dowdeswell Park, London Road.

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