High Speed Lasers Limited

High Speed Lasers Ltd from Stourbridge UK: a small, active company founded 18 years ago, employs 42 people, and holds £3,207,291 in assets. With a real address, four directors, and one owner, it maintains a perfect 5.0 Google rating based on five reviews. The company regularly imports optical and medical tools and devices, with the last import operation occurring three months ago in September 2023.

The company’s website, Phoenix Laser Limited, highlights its expertise in laser profiling and CNC forming, even winning a technical encouragement award. It caters to a range of manufacturing sectors and offers services like programming, manufacturing, and project gallery showcases. The site also features a customer’s projects section, demonstrating its capabilities and client base.

Financially, High Speed Lasers Ltd presents a mixed picture. Bank borrowings decreased significantly by 30%, falling to £290,000, which is a positive sign. However, cash reserves took a substantial hit, dropping 74% to £100,000. Creditors also decreased, suggesting better debt management. While net assets declined by 12% to £950,000, the company’s small size (meeting two of three conditions for being classified as small) allows for flexibility. The company’s property, plant, and equipment increased by 44%, suggesting investment in its manufacturing capabilities. The lack of an auditor mentioned likely means the company is exempt as a small company, and the figures are based on unaudited statements. It seems like the company is investing in its equipment, but needs to watch its cash flow.

Registered in England/Wales under the registration number 06051917, with a registered address at DY8 1JN, Stourbridge, West Midlands, Block F Bays 1 & 2 The Stourbridge Estate Mill, Race Lane.

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