Laser Wire Solutions Limited

Laser Wire Solutions Ltd, based in Pontypridd, UK, is a sizable company with an active status, having operated for thirteen years. Employing fifty-one people and holding assets totaling £4,068,646, it’s a significant player in its sector. The company functions as a holding company, with two directors and two owners at the helm, and boasts a stellar 5.0 Google rating based on one review. It’s a regular importer of optical and medical tools and devices (178 months) and a regular exporter of machinery, boilers, and mechanical appliances (268 months).

The company's core business revolves around the manufacture of optical precision instruments and the creation of other special-purpose machinery. It’s clear from the website that Laser Wire Solutions Ltd is a B2B operation, serving industrial clients with specialized manufacturing needs. There is no obvious e-commerce presence, suggesting a direct sales model rather than online retail.

Financially, Laser Wire Solutions Ltd presents a mixed picture. While current assets remain relatively stable at £4,100,000, net assets have decreased by 16% to £980,000. Bank borrowings have increased by 55% to £3,000,000, and cash reserves have decreased by 41% to £1,000,000. Creditors have also decreased by 29% to £580,000. The company is classified as a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The increase in bank borrowings, alongside the decrease in cash reserves, could indicate investment in expansion or increased operational costs. The company’s accounts were audited by Azets Audit Services.

The trends suggest Laser Wire Solutions Ltd is navigating a period of change. While its core business appears robust, the financial data hints at potential challenges. The company’s reliance on specialized manufacturing and its B2B sales model likely contribute to its financial profile.

Registered in England/Wales under the registration number 07800816, with a registered address at CF37 5YR, Wales, Pontypridd, Rhondda Cynon Taff, Qed Centre Main Avenue, Treforest Industrial Estate.

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