Lab-tools Limited

Lab-Tools Limited, based in Ramsgate, UK, is a small, active company established 21 years ago. With just two employees and £28,664 in assets, it operates from a virtual address, registered at a shared office space. The company is owned and directed by Webber John Beausire Wyatt and Wilson Vivien Roby. It runs an e-commerce site, Lab Unlimited, selling laboratory instrumentation and supplies. The company also imports electrical machinery and equipment, and exports optical and medical tools and devices.

Lab Unlimited’s website showcases a wide range of products, from chromatography equipment to UV sanitisation systems. It caters to various sectors, including environmental science, food texture analysis, and even nuclear waste monitoring. The site highlights a focus on customer service, with a dedicated technical support portal and a catalogue accessible through registration.

Financially, Lab-Tools Limited’s recent performance presents a mixed picture. Current assets have fallen significantly, dropping 58% to £29,000. Net losses have also increased substantially, reaching -£80,000. Bank borrowings have increased by a significant amount, reaching £29,000, and cash reserves have fallen by a considerable amount. Creditors have increased by 22%, suggesting a reliance on short-term financing. The company's small size, meeting two of three criteria for a small company, helps it remain agile. As a small company, it’s exempt from a full audit, relying on unaudited statements.

The company’s financial trajectory suggests it’s facing challenges, although its diverse product range and online presence indicate a potential for growth. The increase in borrowings and decrease in cash reserves are concerning, but the company’s ability to adapt to various sectors could be a key factor in its future success.

Registered in England/Wales under the registration number 05101823, with a registered address at CT12 6FA, England, Ramsgate, Kent, Marlowe Innovation Centre, Marlowe Way.

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