Lakeland Laboratories Limited

Lakeland Laboratories Ltd, based in Tyldesley, UK, is a sizable company with a holding structure, currently active after being founded 31 years ago. Employing 22 people, the company boasts assets of £6,092,771 and yearly revenue of £10,309,996. It has a real address and is overseen by five directors and one owner, enjoying a perfect 5.0 Google rating from five reviews. The company regularly imports soaps, cleaning products, and waxes (for 41 months) and exports organic chemicals (for 177 months).

Lakeland Laboratories operates as a specialist chemical manufacturer serving industries worldwide. Its website highlights a focus on driving industry through reliable science and consistent chemical development. The company offers a range of products, including amphoterics, phosphate esters, and wax emulsions, alongside contract manufacturing services. It caters to sectors like automotive, oilfield, agrochem, and metalworking, with a strong emphasis on quality, technical support, and service excellence.

Financially, Lakeland Laboratories shows some concerning trends. While cash bank on hand increased by 1.2% to £1.9 million, current assets only rose slightly to £6.1 million. However, net assets increased by 18% to £6.2 million. Bank borrowings have increased significantly, with a surge in both short-term and long-term debt. Creditors also increased, suggesting a need to manage short-term liabilities. The company’s turnover decreased by 6% to £10 million. It’s important to note that the company is not audited, so the figures are unaudited.

Despite the challenges, Lakeland Laboratories’ long-standing presence (since 1963) and focus on specialized chemical manufacturing suggest a resilient business model. The company’s commitment to customer service and technical expertise, as well as its broad range of products and services, could help it weather the current financial pressures.

Registered in England/Wales under the registration number 02875769, with a registered address at M29 7FE, Tyldesley, Manchester, Peel Lane, Astley Green.

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