Lase Limited

Lase Limited, based in Neath, UK, is a small, family-run business with an active status, established twelve years ago. Employing just three people, the company holds £449,441 in assets and operates from a real address. With three directors and two owners reported, it’s a tight-knit operation. The company regularly imports optical and medical tools and devices (five months of activity, latest in February 2025) and exports machinery, boilers, and mechanical appliances (twenty months, latest in November 2024).

The company’s website is unavailable, making it difficult to ascertain the specifics of their operations beyond the import/export data. However, the financial data suggests a business experiencing growth and increased activity. Current assets have increased by 34%, reaching £450,000, while net assets have also grown substantially by 33%, reaching £530,000. Cash reserves have seen a significant boost, increasing by 170% to £340,000. Trade debtors have decreased by 47%, which is a positive sign of improved cash flow management.

However, there are some concerning trends. Bank borrowings have increased dramatically, rising by 2,400% to £29,000. Other creditors have also decreased by 33%, and other taxation and social security payable have increased by 240%. 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 flexible, but the increase in borrowings and the rise in taxation liabilities could indicate increased operational costs or investments. With no auditor mentioned, the financial information is unaudited.

Overall, Lase Limited appears to be a growing business, but it’s important to monitor its debt levels and ensure it can manage its increased costs. The company’s family ownership and focus on specialized imports and exports suggest a business with a unique niche, but its long-term success will depend on its ability to maintain financial stability.

Registered in England/Wales under the registration number 08193980, with a registered address at SA11 2JP, Wales, Neath, Morvern Works Church Street, Briton Ferry.

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