Lamasatech Ltd

Lamasatech Ltd, based in Newcastle Upon Tyne, UK, is a small, active holding company established fifteen years ago. Employing six people and holding assets of £1,065,168, the company operates from a real address and is overseen by two directors and one owner. It regularly imports electrical machinery and equipment, with the latest import activity recorded in September 01, 2024, but has not exported anything in the last seven months.

The company’s website showcases a focus on interactive touch screen technology and digital signage solutions. Lamasatech positions itself as a specialist provider of kiosks, video walls, and advertising screens, catering to a range of industries, including smart cities, tourism, and office environments. It offers both standard and bespoke projects, emphasizing its ability to connect with audiences and generate revenue. The website highlights awards and accolades, and includes case studies, testimonials, and a blog. The company even has a shop section.

Financially, Lamasatech Ltd’s recent performance presents a mixed picture. While the company’s net assets decreased by 44% to £1,200,000, cash reserves plummeted 43% to £610,000. Bank borrowings, however, increased by 2,400% to £56,000. Trade debtors decreased by 80% to £280,000, suggesting improved collection efforts. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the significant decrease in equity raises questions. Creditors increased by 600% to £39,000. The company is exempt from an audit as a small company, so the figures are unaudited.

The company’s increased borrowing and decreased cash reserves might indicate a period of investment or expansion, although the drop in net assets warrants closer scrutiny. The focus on digital signage and touch screen technology suggests a forward-looking business, but its financial health will be key to sustaining its growth.

Registered in England/Wales under the registration number 07079886, with a registered address at NE12 9SZ, England, Newcastle Upon Tyne, Tyne And Wear, Unit 33 Bellingham Drive, North Tyne Industrial Estate.

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