Laservectors Ltd

Laservectors Ltd from Ammanford UK: a small, active company founded three years ago, boasts £3,864 in assets, a real address, and is run by two directors and two owners. It's a family business with an e-commerce site specializing in laser cutting and signage. The company meets two of three conditions to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company operates in the manufacture of wood products, cork, and plaiting materials, as well as retail sales via the internet. Its website, Laser Vectors UK, positions itself as the UK's number one laser cutting signage experts. It offers a wide range of products, including wooden letters, shapes, acrylic items, and canvas prints, catering to artisans, decorators, and small businesses. The site highlights custom fonts, business signs, and themed items, with free delivery over £20. The company’s mission is to provide quality products and exceptional customer service.

Financially, Laservectors Ltd shows some interesting trends. Cash bank on hand increased by 47% to £2,800, while total inventories decreased by 22% to £1,000. Creditors decreased by 51% to £1,700, suggesting better management of short-term debts. However, net assets liabilities increased by 41% to £5,300, and net current assets liabilities went from negative to a surprising £2,200. Plant machinery depreciation increased significantly, and loans from directors were completely paid off. The lack of employees (zero reported) suggests a lean operation. With no auditor mentioned, the accounts are unaudited.

Overall, Laservectors Ltd seems to be navigating a period of change. While some financial indicators are positive, the increase in net assets liabilities and the lack of employees raise questions about its long-term sustainability. It's a small company with a niche market, but its future depends on maintaining its reputation for quality and customer service.

Registered in Wales under the registration number 13801034, with a registered address at SA18 2NR, Wales, Ammanford, Carmarthenshire, 16 Church Street.

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