L B International Limited

Lb International Limited, based in East Sussex, UK, is a small, active company founded 36 years ago. With eight employees and £1,990,056 in assets, it’s a well-established player in the international contracting space. The company, run by three directors and one owner, regularly imports iron or steel products, with its last import operation occurring in December 5 2024.

The company’s website reveals a focus on providing umbrella employment and engagement services for contractors working internationally. It caters to both recruitment agencies and contractors themselves, offering a range of services including compliance support, payroll management, and engagement options across several European countries. The site prominently features testimonials from satisfied clients, highlighting its expertise and reliability. It's clear the company isn's an e-commerce business, but rather a service provider facilitating international contracting.

Financially, Lb International Limited shows a mixed picture. Current assets increased by 2.3% to £2,000,000, while net assets grew by 7.1% to £1,800,000. Bank borrowings decreased by 6.4%, with overdrafts falling to £30,000. However, trade debtors jumped a significant 93%, which could indicate delayed payments or a shift in credit terms. Despite this, creditors decreased by 14%, suggesting improved debt management. The company meets two of the three criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a named auditor is typical for a small, exempt company.

Overall, Lb International Limited appears to be financially stable, with growing assets and improved debt management. The increase in trade debtors warrants monitoring, but the company's established presence and positive customer feedback suggest a resilient business model. It's clear that the company is doing well, but it's important to keep an eye on the trade debtors.

Registered in England/Wales under the registration number 02341339, with a registered address at BN1 1YB, East Sussex, 28a North Road, Brighton.

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