Lancastria Llp

Lancastria LLP from Manchester, UK, is a small holding company with an active status, having been founded fourteen years ago in December 2010. The company employs thirteen people and holds assets valued at £2,375,104. It operates from a real address and is managed by five directors and owned by four individuals—though this ownership list may not be exhaustive. The company runs an e-commerce site and enjoys a stellar Google rating of 5.0 based on twenty-six reviews. Regular importer of electrical machinery and equipment (118 months imported).

The company’s core business appears to be holding investments, with no specific industry codes assigned. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, so it's difficult to ascertain the precise nature of its e-commerce activities.

Lancastria LLP’s financial performance shows a mixed picture. Accumulated amortisation impairment intangible assets increased by £9,600, while depreciation impairment property plant equipment rose by 33%. Average number of employees increased slightly, from thirteen to fourteen. Bank borrowings increased by 51%, while cash bank on hand jumped by 22%. Creditors remained stable, and trade debtors increased slightly. The company’s net assets increased by 16%, and total assets less current liabilities grew by 20%.

The company’s financial health seems stable, although the increase in bank borrowings and the decrease in cash reserves warrant further investigation. It’s possible that the company is investing in new equipment or expanding its operations, which could explain the increased borrowing and decreased cash reserves. The lack of an auditor mentioned suggests the company is exempt from an audit due to its small size. The company’s success hinges on its ability to manage its finances effectively and capitalize on its position as a regular importer of electrical machinery and equipment.

Registered in England/Wales under the registration number OC360523, with a registered address at M44 6ZQ, Manchester, Unit J Woodrow Way, Irlam.

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