Empire Lubricants Ltd

Empire Lubricants Ltd, based in Perivale, UK, is a small, active company founded two years ago. With £96,004 in assets and a real address, it's managed by two directors and owners. The company is an irregular importer, bringing in miscellaneous chemical products, with the last import operation occurring one months ago. It operates in the wholesale trade of motor vehicle parts and accessories.

The company's website, Empire Airsoft, showcases a wide range of airsoft products, from sniper parts and pistol components to tactical gear and accessories. It's clearly an upgrade specialist, offering a variety of parts and pre-upgraded replicas. The site has a clean, modern design, and it's easy to navigate. It also features a blog with helpful articles and videos about airsoft. The site is very active, with new items being added regularly. It’s clear that the company is targeting a niche market of airsoft enthusiasts.

Financially, Empire Lubricants Ltd presents a mixed picture. While cash bank on hand remains steady at £23,000, net assets are a negative £22,000, indicating a loss. Creditors have remained at £120,000, and debtors are at £69,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity is a concern. The company’s depreciation has increased, with Plant Machinery increasing from 0 GBP to 760 GBP. With no auditor mentioned, the figures are unaudited.

It seems that the company is burning through cash, with losses deepening. The airsoft business, while active and well-stocked, is not yet generating enough revenue to cover expenses. Whether the company can turn things around remains to be seen, but it’s clear that it needs to focus on improving its profitability.

Registered in England/Wales under the registration number 14603157, with a registered address at UB6 7LD, United Kingdom, Perivale, Middlesex, Unit 25 Fleetway Business Park West, 10-12 Wadsworth Road.

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