L & S Engineers Limited

L & S Engineers Ltd, based in Brownhills, Walsall, UK, is a large, holding company with an active status. Founded 23 years ago, in May 2001, the company employs 65 people and holds assets valued at £13,256,720. It has a real address and is overseen by four directors and one owner. The company operates an e-commerce site and boasts a stellar 5.0 Google rating based on 267 reviews. Regular imports of furniture, lighting, and prefabricated buildings have occurred for 23 months, with the latest in December 2024. Exports of machinery, boilers, and mechanical appliances – parts have been ongoing for five months, also concluding in December 2024.

The company's website, while not detailed, suggests a focus on providing business support services. It’s unclear what specific services are offered beyond this broad description. The e-commerce presence indicates a desire to reach a wider customer base, but the site's simplicity suggests a more traditional business model rather than a fully integrated online retail experience.

Financially, L & S Engineers Ltd presents a mixed picture. While cash bank on hand has increased significantly by 54% to £7.7 million, net assets have also grown by 39% to £14 million. However, administrative expenses have risen by 22% to £2.5 million, and staff costs have increased by 19% to £2.3 million – suggesting a need to manage operational costs. Director remuneration has also increased by 18% to £310,000. It’s worth noting that creditors have decreased by 7.7% to £1.3 million, which could be a positive sign of improved debt management. The company’s size (meeting two of three criteria for being a large company) gives it some flexibility, but the increase in expenses warrants close monitoring. The accounts are audited by Haslehursts Limited.

Overall, L & S Engineers Ltd appears to be a stable, well-regarded company, but the rising costs and reliance on imports and exports could pose challenges in the future.

Registered in England/Wales under the registration number 04224976, with a registered address at WS8 7HB, Brownhills Walsall, West Midlands, West Coppice Road, Coppice Side Industrial Estate.

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