Lakeview Company Ne Limited

Lakeview Company NE Limited is a small, active company based in Billingham, UK, founded six years ago in 2018. With 14 employees and £460,405 in assets, it operates from a real address at 4 Alvis Court. The company has three directors and one owner, Lake Martyn. It’s a regular importer of optical and medical tools and devices, with four months of import activity recorded, the last in February 2024.

The company’s website, directmaintenance.co.uk, highlights its core business: property maintenance, lettings, and repairs. It offers services via phone (0800 689 9090) and email (infolakeviewcompany.co.uk), positioning itself as a reliable provider of direct maintenance solutions. While the website is simple, it clearly targets landlords and property owners seeking quick and efficient service. It’s a bit odd that the website repeats "Direct Maintenance" so many times, though.

Financially, Lakeview Company NE Limited shows a mixed picture. Current assets jumped a significant 82%, reaching £460,000, while net assets increased by 73% to £400,000. Cash reserves soared 450%, reaching £150,000—a very positive sign. However, bank borrowings decreased by 7.7% to £5,000, and creditors increased by 36% to £140,000. Trade debtors also rose by 39%, suggesting a bit of a delay 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 flexibility, but the rise in creditors should be monitored. The unaudited accounts, exempt as a small company, are signed off by a director, and there’s no auditor mentioned.

Overall, Lakeview Company NE Limited appears to be financially stable, with strong asset growth and healthy cash reserves. However, the increase in creditors and debtors suggests a need to manage cash flow effectively. The company operates in the sewerage, the other construction installation, and the other specialised construction activities n.e.c. industries, and it’s likely that the growth in assets reflects increased activity in these areas.

Registered in England/Wales under the registration number 11386119, with a registered address at TS23 4JG, England, Billingham, 4 Alvis Court.

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