Custom Lynx Cabling Ltd

Custom Lynx Cabling Ltd from Leicestershire UK: a small, active company established nineteen years ago, employs nine people, and holds £302,978 in assets. It has a real address, three directors, and one owner, boasting a stellar 5.0 Google rating based on thirty-four reviews. The company regularly imports and exports electrical machinery and equipment, with nineteen months of import activity and fifteen months of export activity recorded.

The company’s website, customlynx.co.uk, is a comprehensive online store specializing in custom-made audio cables. It offers a vast selection, from microphone cables and XLR cables to patch cables and specialized looms, catering to professional audio and video applications. The site features detailed product descriptions, technical specifications, and a user-friendly interface. It also offers free UK mainland shipping on orders over £75 and prides itself on being an official Neutrik distributor. There's a strong emphasis on technical expertise, with a blog and dedicated pages for various connector types and audio solutions.

Financially, Custom Lynx Cabling Ltd presents a mixed picture. Current assets increased by 42% to £300,000, while net assets also increased by 99% to £170,000. Bank borrowings decreased significantly by 72% to £5,900, and cash reserves increased by 99% to £73,000. Trade debtors have risen dramatically by 140% to £120,000, which could indicate increased sales but also potential challenges in collecting payments. Creditors also decreased by 72% to £15,000, suggesting improved debt management. 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 it to remain flexible, but the increase in debtors needs to be monitored. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Custom Lynx Cabling Ltd seems to be doing well, with increased assets and cash reserves. However, the substantial rise in trade debtors warrants careful attention to ensure timely payments and maintain financial stability. The company’s focus on specialized audio cables and its strong online presence position it well for continued success in the competitive market.

Registered in England/Wales under the registration number 05528195, with a registered address at LE67 4GA, Leicestershire, Unit 2, Baker Street, Coalville.

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