Labflex Limited

Labflex Limited, based in Rotherham, UK, is a small, active company established 34 years ago. With five employees and £2,439,772 in assets, it operates from a real address and is managed by three directors, though no owners are officially listed. The company regularly imports furniture, lighting, and prefabricated buildings – a consistent 31-month importing history, with the latest activity in November 2024.

Labflex's website showcases a focus on providing customized laboratory furnishing solutions to industrial, technical school, and university sectors. It’s not a typical e-commerce site; instead, it acts as a digital showroom and information hub, highlighting its capabilities in designing and producing bespoke laboratory furniture, systems, and installations. The company emphasizes its production facility in Denmark, ensuring uniformity, quality, and reliable delivery. They offer both standard systems and tailored solutions, catering to specific user and building requirements. They even have a digital showroom to give customers an immersive experience.

Financially, Labflex Limited presents a mixed picture. While current assets increased by 36% to £2,400,000, net assets decreased by 4.3% to -£4,800,000. Bank borrowings have increased, and cash reserves have fallen, suggesting a need for careful cashflow management. Trade debtors have also risen, which could indicate challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity is a concern. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Despite the financial pressures, Labflex's focus on customized solutions and its established presence in the laboratory furnishing market suggest a resilient business model. The recent acquisition by KTT Service A.S. could provide a much needed boost, but it remains to be seen how this will affect the company’s long-term performance.

Registered in England/Wales under the registration number 02552424, with a registered address at S60 5WG, England, Rotherham, Advanced Manufacturing Park Brunel Way, Catcliffe.

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