Laiier Ltd

Laiier Ltd, based in London, UK, is a small, active company founded fifteen years ago in 2009. With nine employees and £639,242 in assets, it operates from a real address and is overseen by three directors, though there are no officially registered owners. The company regularly imports electrical machinery and equipment – three months of import activity recorded – and exports toys, games, and sports equipment, also for three months.

The company’s website showcases a unique water leak detection system, marketed as a cutting-edge solution for commercial buildings. It targets facilities managers, insurance carriers, and brokers, emphasizing its ability to minimize false positives and provide quick, easy installation. The site details various use cases, from multifamily properties to office buildings, and even highlights a recent seed funding round led by Closed Loop Partners. The website also has a blog with articles on leak detection news and insights.

Financially, Laiier Ltd’s recent performance shows a mixed picture. Current assets decreased by 37%, falling to £640,000, while net assets also dropped significantly – 52% to £350,000. Bank borrowings have also decreased by 67%, down to £22,000. On a positive note, creditors decreased by 21%, suggesting improved debt management. Equity, however, has plummeted 88% to -£3.8 million, a significant shift. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the sharp equity drop warrants closer examination. No auditor is mentioned, likely due to the company’s exemption as a small company, so the figures are unaudited.

Overall, Laiier Ltd appears to be navigating a period of change. While its innovative product and recent funding round indicate potential, the financial data suggests it’s burning through cash, and the large equity loss is something to keep an eye on.

Registered in England/Wales under the registration number 06977977, with a registered address at E2 7LH, England, London, 7 Gibraltar Walk.

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