Lancaster Group Holdings Limited

Lancaster Group Holdings Limited is a holding company based in Lancaster, UK, with an active status. Established seven years ago in February 2018, the company employs 21 people and holds assets valued at £5,333,359. It’s a family business with two directors and three owners, operating from a real address where seven companies are registered. While it regularly imports and exports, its activity has been limited to just 20 months of imports and 37 months of exports, with the last operations occurring in 2021.

The company's website showcases a diversified group of companies, including Advance Foam World, Bedding, Humming Bird Furniture Plus, and others. It highlights a commitment to building a successful group of companies that invest in key areas, providing long-term growth. The company operates from Orange Grove Estate in Tacarigua, Trinidad, and focuses on building a successful group of companies diversified across three main industries.

Financially, Lancaster Group Holdings Limited presents a mixed picture. Current assets have decreased by 26%, falling to £5,300,000, while net assets have dropped by 13%, reaching £1,900,000. Bank borrowings have surged by a staggering 2,400%, climbing to £29,000, and cash reserves have fallen 41% to £1,100,000. Creditors, however, have decreased by 81%, suggesting improved debt management. 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 stay agile, but the sharp equity drop raises questions. The company’s auditor is MHA, and the financial statements are audited. Despite the challenges, Lancaster Group Holdings Limited continues to operate, navigating a complex landscape of financial pressures and diversification.

Registered in England/Wales under the registration number 11190451, with a registered address at LA1 3SU, England, Lancaster, Suites 5a And 5b Office Building 11, 2 Mannin Way, Caton Road.

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