L.a.c. Conveyor Systems Limited

Lac Conveyor Systems Ltd, based in Swansea, UK, is a sizable company with a holding structure and active status. Established 17 years ago, it employs 81 people and holds assets worth £18.9 million. The company generates a yearly revenue of £38.4 million, operating from a virtual address – a point to note as 25 companies are registered at the same address. It’s steered by five directors and has one owner, boasting a stellar 5.0 Google rating based on 11 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts.

The company's website showcases a comprehensive range of conveyor systems, automation solutions, and robotics, targeting various industries like manufacturing, healthcare, and retail. They position themselves as a leading conveyor system integrator and UK manufacturer, developing all essential components in-house, from design to software. Their process begins with a lifetime partnership, conducting a comprehensive evaluation of operations and crafting bespoke technology solutions. The website highlights their data-driven design approach, intelligent software (HELIX WCS), and commitment to efficiency and sustainability. They offer a wide range of conveyor types, including belt, pallet, stainless steel, and robotics, catering to diverse needs.

Financially, Lac Conveyor Systems Ltd appears to be in a mixed state. While cash bank on hand has increased significantly by 90% to £11 million, debtors have dramatically decreased by 36% to £7.6 million. This suggests a possible shift in payment terms or a decrease in outstanding invoices. Administrative expenses have risen substantially by 75% to £4.7 million, potentially reflecting increased operational costs. However, the company's profit loss has remained consistent at £4.3 million. Creditors have also increased by 3.9% to £9.4 million. The company's large size (meeting two of three criteria for a large company) and its substantial revenue indicate a significant operation, but the fluctuating financial indicators warrant further scrutiny. The accounts were audited by Bevan Buckland LLP. Overall, Lac Conveyor Systems Ltd is a well-established player in the conveyor systems market, but its financial performance requires close monitoring.

Registered in England/Wales under the registration number 06365584, with a registered address at SA7 9LA, Wales, Swansea, C/O Bevan Buckland Llp Ground Floor, Cardigan House.

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