Lbs Security Services Limited

Lbs Security Services Limited, based in Dagenham, UK, is a small, active company established 26 years ago. With 38 employees and £3,032,761 in assets, it’s a well-established player in its field. The company, owned by Bird Laurence, has two directors and a perfect 5.0 Google rating from 23 reviews. It’s an irregular importer of aluminum and aluminum products, with the last import operation recorded two months ago in May 2023.

The company’s website showcases a diverse range of security and fire protection solutions, specializing in steel doors, roller shutters, grilles, and fire-resistant products. It caters to industrial, commercial, retail, and residential clients, offering everything from high-speed doors to fixed protection systems. The website highlights a family-run business with over 40 years of experience, emphasizing reliability, high-quality products, and bespoke design services. It's clear they're targeting businesses seeking robust security and fire safety measures.

Financially, Lbs Security Services Limited presents a mixed picture. Current assets have fallen by 1.7% to £3,000,000, while net assets have plummeted 80% to £340,000. Bank borrowings have decreased significantly, falling 100% to zero, and cash reserves have dropped 91% to £110,000. Trade debtors have increased by 57%, and creditors have decreased by 20%. The company’s small size (meeting two of three conditions for small company status) allows for agility, but the significant decline in equity raises questions. The company is exempt from an audit, so the figures are unaudited.

It seems Lbs Security Services Limited is facing some financial pressures, despite its strong reputation and diverse product range. Whether the company can maintain its position in the market remains to be seen, but its long history and commitment to quality suggest a resilient business.

Registered in England/Wales under the registration number 03684674, with a registered address at RM10 8TX, Dagenham, Essex, Unit 6 Sterling Trading Estate, Rainham Road South.

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