Lanemark Combustion Engineering Limited

Lanemark Combustion Engineering Ltd from Nuneaton UK is a small holding company with an active status, founded nineteen years ago. Employing thirty people, the company holds assets worth £2,096,889 and operates from a real address. With two directors and three owners, it maintains a respectable Google rating of 4.0 based on six reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts (87 months imported), and exports the same (16 months exported).

The company’s core business involves the manufacture of other fabricated metal products n.e.c. industries. 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 employees less than 50. The company’s website is non-existent, which suggests a business-to-business model focused on direct sales rather than online retail.

Financially, Lanemark Combustion Engineering Ltd presents a mixed picture. While bank borrowings decreased by a significant 29%, cash reserves fell 17% to £520,000. Trade debtors increased by a substantial 44%, which could indicate expanding sales but also potential issues with collecting payments. Creditors decreased by 22%, suggesting better debt management. The company’s net assets remained relatively stable at £1.2 million, but deferred income instruments increased by 110%, which may reflect larger contracts or projects. The company's equity remained at £1.2 million.

The company’s financial statements are unaudited, a common practice for small businesses. The lack of auditor information means the figures rely on director-reported data. The company’s focus on industrial products and its regular import/export activity suggest a stable, albeit potentially cyclical, business model. The increase in deferred income suggests the company is working on larger projects, which could lead to increased revenue in the future, but also carries the risk of delays or cancellations.

Registered in England/Wales under the registration number 05471903, with a registered address at CV11 6BW, Nuneaton, Warwickshire, Lanemark House, Whitacre Road.

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