La Lola Ltd

La Lola Ltd is a small, active company based in Cheltenham, UK, founded four years ago in 2020. With 17 employees and £107,836 in assets, it operates from a virtual address shared by 54 other companies, suggesting a cost-saving strategy. The company is led by a single director and has two owners, though the list of owners isn’s exhaustive. It’s a solo-founded venture. La Lola Ltd imports drinks, alcohol, and vinegar, though activity is irregular, with the last import occurring over two years ago. The company operates in the retail sale of food, beverages, or tobacco.

The company’s website is not available, so it’s difficult to determine if it’s an e-commerce business. However, the company’s description indicates it operates in the retail sector, so it’s likely that it sells its products through a physical store or marketplace.

Financially, La Lola Ltd is showing some concerning trends. Cash bank on hand has decreased by 37% to £69,000, while creditors have increased by 56% to £250,000. This suggests the company is relying more on credit to finance its operations. Net current assets and liabilities are also down significantly. Despite this, trade debtors have decreased, indicating better management of customer payments. 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 decline in equity is a worry. With no auditor mentioned, the figures are unaudited.

Overall, La Lola Ltd appears to be facing financial pressures. While its irregular import activity and small size may offer some advantages, the company needs to address its declining cash reserves and increasing debt to ensure its long-term viability.

Registered in England/Wales under the registration number 12696705, with a registered address at GL53 7HL, England, Cheltenham, Gloucestershire, 3 Bath Mews, Bath Parade.

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.