Lazerian Limited

Lazerian Limited, based in Salford, UK, is a small, active company founded five years ago in 2019. With four employees and £58,717 in assets, it operates from a virtual address shared by 177 other companies, and is led by a solo founder, Hopkins Liam Nicholas, who also serves as director and owner. The company boasts a stellar 5.0 Google rating from 22 reviews, and is an irregular importer, having imported goods for just one month in 2021.

The company’s website, lazerian.com, describes Lazerian as a multidisciplinary creative studio specializing in designing and creating bespoke products and experiences for interior and exterior spaces. This includes public artworks, brand promotional objects, and sculptural pieces. They emphasize storytelling, problem-solving, and positive impact, spanning various genres and industries. The site showcases recent projects like interactive art experiences and exhibitions exploring unity and interconnectedness. They even have a blog with articles on brass band music and wave-inspired art installations.

Financially, Lazerian Limited’s recent performance presents a mixed picture. Current assets have fallen by 23%, dropping to £59,000, while net assets have increased by 13% to £74,000. However, cash reserves have plummeted 84%, leaving just £10,000 in the bank. Bank borrowings have also decreased, though this could be a temporary situation. Trade debtors have exploded, increasing by a staggering 780%, which could indicate difficulties in collecting payments. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the significant drop in cash reserves warrants attention. No auditor is mentioned, so the financial statements are unaudited.

Overall, Lazerian Limited appears to be a creative business facing some financial headwinds. While its projects and reputation are strong, the sharp decline in cash reserves suggests a need to manage expenses and improve cash flow.

Registered in England/Wales under the registration number 12122854, with a registered address at M50 2AB, England, Mediacityuk, M.01 Tomorrow, Blue.

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