Lakeland Fox Limited

Lakeland Fox Limited is a small, active company based in Bristol, UK, founded eight years ago in June 2016. It’s a solo-founded operation with one director and owner, Mohammad Malik, and employs just one person. The company holds £20,055 in assets and operates from a real address at 20 Franklyn Street. Lakeland Fox Limited is an irregular importer, primarily dealing in various textile products, sets, used clothing, and rags, with its last import activity recorded two months ago in July 2018. The company operates in the other retail sale in non-specialised stores industries.

The company’s website is currently unavailable, making it difficult to ascertain its exact operations beyond the import activity. It’s unclear whether Lakeland Fox Limited operates an e-commerce site or relies on wholesale distribution.

Financially, Lakeland Fox Limited presents a mixed picture. Cash reserves have increased significantly, jumping 1,600% to £20,000, a positive sign. However, creditors have skyrocketed by 91,000%, reaching £300,000, indicating a reliance on borrowing. Equity has also seen a substantial increase, rising 4,400% to £15,000. Net current assets liabilities, however, have plummeted to -£280,000, a concerning trend. Trade debtors have vanished entirely, suggesting a shift in payment terms or a focus on cash sales. The company’s small size—meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—means it’s likely exempt from an audit, and the financial statements are unaudited.

While the company’s cash position looks healthier, the dramatic increase in creditors and the negative net current assets liabilities suggest it’s burning through money faster than it’s bringing it in. The sudden increase in borrowing could be a sign of a startup struggling to manage its cash flow, or perhaps a strategic investment in inventory. It’s hard to say for sure.

Registered in England/Wales under the registration number 10243664, with a registered address at BS2 9LD, England, Bristol, 20 Franklyn Street.

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.