Thelittleloop Limited

Thelittleloop Limited is a small, active company based in London, UK, established five years ago in November 2019. With just one employee and £43,382 in assets, it operates from a virtual address shared by 5630 other companies, suggesting a cost-effective setup. The company is led by a single director and owner, Morley Charlotte.

Thelittleloop Limited specializes in retail sales via mail order and internet, alongside renting and leasing of personal and household goods. Its website highlights a range of products, hinting at a diversified online store. While the exact nature of the goods isn't explicitly stated, the focus on mail order and internet sales indicates an e-commerce operation.

Financially, Thelittleloop Limited presents a mixed picture. While current assets increased slightly to £43,000, net assets took a significant hit, falling to -£510,000. This substantial loss is partly attributable to a sharp increase in retained earnings and accumulated losses. Cash bank on hand is relatively stable at £38,000. Trade creditors have also risen considerably, reaching £13,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the large net liability raises concerns. The accounts are unaudited, and there’s no mention of an auditor, which is typical for companies of this size. The increase in the number of employees from one to six is notable and could be linked to increased sales activity, but it also suggests higher operating expenses. It’s a little strange that the company’s liabilities were satisfied by the director after the year end.

Registered in England/Wales under the registration number 12309519, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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