Latbaum Ltd

Latbaum Ltd from Bedworth UK is a small, active company founded just one year ago. Despite being active, confirmation is overdue by five months, and it employs four people. With £958 in assets and a yearly revenue of £477,179, it’s a surprisingly small operation for its income. The company has a real address, one director, one owner (who is also the solo founder), and irregularly imports miscellaneous metal items – just one month of imports were recorded, ending in June 2024.

The company’s website showcases a focus on outdoor structures, specifically glass rooms, verandas, car ports, and pergolas. It emphasizes transparent pricing and quality installations, offering customization options like size, color, and roof type. The website also highlights a commitment to customer satisfaction, offering a range of options and a contact form for inquiries. It’s clear that Latbaum Ltd operates primarily as an installer, rather than a manufacturer, and caters to a higher-end market.

Financially, Latbaum Ltd presents a mixed picture. While revenue is substantial at £477,179, the extremely low asset value of just £958 is concerning. Bank borrowings have increased, and cash reserves are minimal. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is typical for a small, exempt company.

The substantial revenue alongside such low assets suggests the company may be burning through cash quickly, perhaps investing heavily in materials or facing delayed payments from clients. The lack of employees could indicate a lean operation, or it could mean the director is handling a lot of the work themselves. It's difficult to say for sure without more information, but the company's financial health appears precarious.

Registered in England/Wales under the registration number 15310114, with a registered address at B27 6LG, England, Birmingham, 68 Yardley Road, Acocks Green.

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