Forbes & Lomax Limited

Forbes & Lomax Limited, based in Lewes, UK, is a small holding company with an active status, established 37 years ago in 1988. Employing 26 people and holding assets of £8,074,532, the company operates from a virtual address, managed by three directors and a single owner. It’s a regular importer and exporter of electrical machinery and equipment, with 65 months of import activity and 190 months of export activity recorded, the latest in February 2025.

The company’s website, Forbes & Lomax, indicates a focus on lighting manufacturer, with registered offices in Worcester. It appears to be a well-established business, boasting a showroom in Harrods, London, and specializing in high-end piano restoration alongside its core lighting manufacturing operations. The website suggests a commitment to quality and heritage, with a focus on museum-grade restorations and disaster recovery services.

Financially, Forbes & Lomax Limited demonstrates a mixed picture. Current assets have fallen by 20% to £8,100,000, while net assets have decreased by 23% to £7,600,000. Bank borrowings remain steady at £4,800,000, and cash reserves have declined by 72% to £710,000. Creditors have increased by 5%, and trade debtors have decreased by 2.8%. 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 significant drop in equity raises concerns. Depreciation impairment for property plant equipment has also decreased, with owned or freehold assets, land buildings decreasing by 26%. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Forbes & Lomax Limited seems to be facing some financial headwinds, despite its long-standing presence and diverse operations. The company's focus on high-end lighting and piano restoration, combined with its small size, suggests a business that prioritizes quality and heritage over rapid growth—but the declining equity and cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 02231842, with a registered address at BN7 1JU, United Kingdom, Lewes, East Sussex, One, Bell Lane.

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