Lanserring Ltd.

Lanserring Ltd from London UK: a small holding company with an active status, was founded eight years ago and employs twelve people. The company holds assets worth £2,268,914, but operates from a virtual address, a fact that raises some questions. It’s managed by two directors and has one owner, although the owner list may not be exhaustive. Lanserring Ltd regularly imports furniture, lighting, and prefabricated buildings (for 21 months), and exports machinery, boilers, and mechanical appliances (for 3 months).

The company's website, LANSERRING, specializes in bespoke kitchens and cabinetry, bringing "Austrian craftsmanship" to high-end residential spaces globally. With headquarters in London and studios in New York and Vienna, they offer both design-led and production-led services, catering to clients from initial concept to final installation. Their website highlights a commitment to "unity of craft," showcasing projects in Putney, Chelsea, and Cheshire, and encouraging potential clients to contact them.

Financially, Lanserring Ltd presents a mixed picture. While current assets increased by 4.1% to £2,300,000, net assets decreased by 6.1% to -£760,000. Bank borrowings remained stable, but cash reserves fell by 29% to £180,000. Trade debtors increased significantly, suggesting potential payment delays. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the declining equity raises concerns. The company is exempt from an audit, so the figures are unaudited.

The company's reliance on a virtual address and the declining equity, despite a growing asset base, suggest potential management issues. It's possible that the company is investing heavily in growth, but the lack of profitability is a worry. The business seems to be burning through money, but it’s not clear if this is a sustainable strategy.

Registered in England/Wales under the registration number 10704968, with a registered address at W1G 0PW, United Kingdom, London, 14th Floor 33 Cavendish Square.

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