Lamberts Tool & Welding Supplies Limited

Lamberts Tool & Welding Supplies Ltd from Stanford-Le-Hope, UK, is a small, active company established 24 years ago. Employing 14 people, it holds assets of £1,363,023 and operates from a real address within the Stanhope Industrial Estate. The business is a family affair, with three directors and two owners at the helm. It regularly imports optical and medical tools and devices, with recent activity recorded three months ago.

The company's website, LTW Supplies Ltd, showcases a broad range of industrial supplies – from welding consumables and engineering tools to PPE, electrical components, and janitorial products. It positions itself as a "one-stop" industrial supply solution, catering to a wide range of markets. The site’s menu allows for easy navigation, and it includes contact information and a link to the company’s website, salesltwsupplies.co.uk.

Financially, Lamberts Tool & Welding Supplies Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased by 84%, reflecting investment in assets like motor vehicles. Bank borrowings decreased significantly, dropping 92% to just £1200, which is good news. However, cash reserves declined by 31% to £41,000. Creditors decreased by 4.4%, and net assets also dropped 15% to £520,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a mention of an auditor suggests it’s exempt from an audit.

Overall, Lamberts Tool & Welding Supplies Ltd seems to be navigating a period of change. While it has reduced its borrowing and appears to be managing its creditors effectively, the decline in cash reserves and net assets warrants attention. The company's long-standing presence and diverse product range suggest resilience, but its future success will depend on maintaining a healthy financial footing.

Registered in England/Wales under the registration number 04014500, with a registered address at SS17 0EH, Stanford-Le-Hope, Essex, Design House Stanhope Industrial Estate, Wharf Road.

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