La Micro Group (uk) Limited

LA Micro Group (uk) Limited, based in Bracknell, UK, is a sizable company with an active status, having been founded 20 years ago in 2004. With 63 employees and £10,135,115 in assets, it’s a significant player in its sector. The company, managed by two directors and one owner, maintains a perfect 5.0 Google rating from 13 reviews, reflecting positive customer experiences. It regularly imports and exports machinery, boilers, and mechanical appliances, parts, with extensive activity recorded over the past few years.

The company’s website paints a picture of a B2B IT hardware provider specializing in refurbishment and resale. LA Micro Group operates through several divisions: Bytestock, providing tailored IT hardware solutions; LA Direct Solutions, catering to resellers and IT system integrators; and a piano restoration business, 1066 Pianos. The site highlights a commitment to the circular economy, offering services like hardware buyback, refurbishment, and resale, targeting businesses looking to reduce their carbon footprint. They also work with big brands and offer fast, professional service.

Financially, LA Micro Group’s performance shows some mixed trends. While cash and cash equivalents increased by a substantial 31%, reaching £1,700,000, current assets overall decreased by 11% to £10,000,000. Bank borrowings decreased by 10% to £2,900,000, which is a positive sign, but the significant drop in deferred income (a 100% decrease) raises questions. Creditors also decreased by 16%, suggesting better management of short-term liabilities. The company’s size (meeting two of three criteria for a large company) and the increase in the average number of employees (from 63 to 69) indicate growth, but the decrease in retained earnings and accumulated losses, a 55% drop to £520,000, warrants further investigation. The accounts were audited by M J Bushell Audit LLP.

Overall, LA Micro Group (uk) Limited appears to be navigating a period of change, with growth in some areas offset by financial pressures. The company's focus on the circular economy and its multiple business divisions suggest a diversified approach to the IT hardware market.

Registered in England/Wales under the registration number 05113241, with a registered address at RG12 9BG, England, Bracknell, Berkshire, Astro House Astro House, Unit 2 Brants Bridge.

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