Lasermet Limited

Lasermet Ltd from Bournemouth UK: a small company, holding company, active status, founded 38 years ago, employing 39 people, and holding £3,031,633 in assets, operates from a real address, and is overseen by four directors and one owner. The company regularly imports optical and medical tools and devices (111 months imported) and exports electrical machinery and equipment (197 months exported). It’s a holding company, and the business appears to be doing alright, though some trends are worth noting.

Lasermet specialises in laser safety solutions, offering a range of products and services for industries like aerospace, automotive, and medical. The company’s website highlights its expertise in laser safety engineering, with a core mission to safeguard humans from laser radiation risks. It’s a global operation, advocating for safety regulations and even contributing to the development of laser safety standards. The company's laser castle demonstrates its unique capabilities, and it invests heavily in new technologies. They also offer LED signs, laser safety installations, and even FDA CDRH registration services.

Financially, Lasermet Ltd shows a mixed picture. Current assets decreased by 12% to £3,000,000, while net assets increased by 8.7% to £1,900,000. Bank borrowings decreased by 35% to £540,000, and cash reserves increased by a significant 140% to £150,000. Creditors decreased by 24%, suggesting improved debt management. Director remuneration increased by 10% to £260,000. 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 agile. Accumulated amortisation impairment intangible assets increased by 26% to £15,000, and depreciation impairment property plant equipment increased by 14% to £670,000.

The increase in cash reserves is a positive sign, suggesting improved cash flow management. However, the decrease in current assets and increase in bank borrowings could indicate a need for careful financial planning. The company’s continued focus on innovation and its global reach position it well for future growth, but it's important to monitor these trends closely. There was no auditor mentioned, so the figures are unaudited.

Registered in England/Wales under the registration number 02084778, with a registered address at BH8 9RU, Bournemouth, 302 Charminster Road.

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