Lbp Optics Limited

Lbp Optics Limited, based in Biggleswade, UK, is a large, holding company with an active status. Established seven years ago in 2017, the company employs eighteen people and holds assets valued at £1,047,687. Its yearly revenue stands at £2,148,596, indicating a healthy turnover. With two directors and one owner, the business operates from a real address and regularly imports and exports optical and medical tools and devices – nineteen months of import activity and seventy-nine months of export activity recorded.

The company's activities center around the manufacture of optical precision instruments. While no website is available to analyze, this suggests a business-to-business model, likely supplying components or finished products to larger manufacturers or distributors.

Financially, Lbp Optics Limited presents a mixed picture. While turnover remained stable, net assets decreased by 10%, dropping to £540,000. Bank borrowings increased by 130%, reaching £110,000, and cash reserves declined by 26%, sitting at £83,000. Creditors, however, decreased by 14%, suggesting improved debt management. The company meets the criteria for a large company, having turnover over £36 million and balance sheet total over £18 million. No auditor is mentioned, likely due to the company’s status as a small company.

The decrease in net assets could be attributed to increased investment in equipment or working capital to support the ongoing import and export operations. The rise in borrowings may indicate a strategy to leverage debt to fuel growth, or perhaps a response to increased costs. It's possible the company is facing some challenges, but its continued import and export activity suggests a resilient business model.

Registered in England/Wales under the registration number 10886234, with a registered address at SG18 8QS, United Kingdom, Biggleswade, Bedfordshire, Units 4b & C Stratton Park, Dunton Lane.

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