Lamisell Limited

Lamisell Ltd from Devon UK: a small, active company founded 23 years ago, employs seven people, and holds £1,872,414 in assets. It’s a real address, managed by two directors and two owners, and founded by a solo entrepreneur, with a stellar 5.0 Google rating based on two reviews. The company irregularly imports iron or steel products, with just one month of import activity recorded as of October 2023.

The company’s core business revolves around the supply of glulam beams, as evidenced by its website, Lamisell Beams. It offers nationwide delivery of glulam beams cut to specific requirements, emphasizing reliability and prompt service. The website details a wide range of dimensions and services, including in-house joinery, bespoke metalwork, and even structural design assistance. It’s clear they’re targeting a niche market of construction professionals and bespoke building projects. They even have a showroom in Harrods, London.

Financially, Lamisell Ltd presents a mixed picture. Current assets have decreased slightly, dropping 6.4% to £1,900,000. However, cash reserves have seen a healthy 30% increase, reaching £1,400,000. Creditors have also decreased by 29%, suggesting improved debt management. The company’s fixed assets have seen a significant 57% increase, reaching £680,000, which could reflect investments in equipment or property. Equity has also increased by 7.9%, reaching £2,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. There's no auditor mentioned, likely due to its status as a small company.

Overall, Lamisell Ltd appears to be financially stable, with growing cash reserves and improved debt management. The increase in fixed assets suggests ongoing investment in the business. While the decrease in current assets is a slight concern, it doesn't appear to be a major issue given the company’s strong cash position.

Registered in England/Wales under the registration number 04341760, with a registered address at EX20 3EP, Devon, Meeth, Okehampton.

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