Laser Limited

Laser Limited, based in Nottingham, UK, is a small holding company with an active status, established nine years ago. Employing just two people, the company holds £2,791,022 in assets and operates from a real address, managed by two directors and one owner. It boasts a respectable Google rating of 4.0 based on nine reviews. Laser Limited is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded just one month ago.

The company’s website is minimal, offering little insight into its operations beyond its core business. It appears to be a B2B operation, focused on supplying components rather than direct consumer sales. While there's no e-commerce presence, the company’s activities seem to be centered around sourcing and distributing industrial equipment.

Financially, Laser Limited’s numbers present a mixed picture. While cash reserves increased by a substantial 350% to £150,000, net assets decreased by 16% to £680,000. Bank borrowings have increased by 52%, reaching £1.3 million, and creditors are up 28%, totaling £2.1 million. Trade debtors have also increased significantly, by 20%, reaching £2.4 million. The number of employees has increased dramatically, from two to eleven, a 450% increase. Depreciation on plant machinery has also increased by 27%, and the company’s net current assets have increased by 9.2%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased debt levels and employee count suggest a period of expansion, potentially accompanied by increased operational costs. No auditor is mentioned, which is common for small, exempt companies.

The significant increase in employees, coupled with the rise in debt, could indicate that Laser Limited is investing in growth—perhaps expanding its import operations or taking on new contracts. However, the decline in equity and the increase in creditors also raise questions about its financial sustainability. It's possible that the company is burning through cash to fuel this growth, and it will be important to monitor its performance closely in the coming months.

Registered in England/Wales under the registration number 10034244, with a registered address at NG5 1AY, United Kingdom, Nottingham, Nottinghamshire, Alexandra House, 43 Alexandra Street.

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