L C Services Limited

LC Services Ltd, based in Bedford, UK, is a small, family-run business with an active trading status. Incorporated 28 years ago in 1996, the company employs 22 people and holds £680,936 in assets. It operates from a virtual address—a detail worth noting as 182 companies are registered at the same location—and is led by two directors and two owners. The business regularly imports and exports optical and medical tools and devices, with 238 months of import activity and 118 months of export activity recorded.

The company's website reveals a comprehensive offering of services related to analytical laboratory equipment. LC Services Ltd isn't just a retailer; it's a provider of servicing, repairs, and reconditioned parts for chromatography systems. It offers service plans, qualification training, and even sells reconditioned instruments from brands like Agilent, Waters, and Perkin Elmer. The website is well-structured, with clear sections for products, services, and news, and even includes a blog with helpful articles on topics like reconditioned lab parts and the differences between HPLC and UHPLC.

Financially, LC Services Ltd presents a mixed picture. Current assets decreased by 12%, dropping to £680,000, while net assets also fell by 41%, settling at £68,000. Bank borrowings have seen a significant decrease of 40%, falling to £260,000, and cash reserves have also declined by 56%, reaching £6,300. Trade debtors have plummeted by 41%, suggesting improved collection of payments, but creditors have increased by 35%, to £320,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity is a cause for concern. As a small company, it is exempt from an audit, so the financial statements are unaudited.

In short, LC Services Ltd is navigating a challenging financial climate. While its website and service offerings suggest a thriving business, the numbers indicate a need for careful management. The company's long history and family ownership provide a solid foundation, but the future will depend on its ability to adapt to changing market conditions and maintain a healthy financial profile.

Registered in England/Wales under the registration number 03219349, with a registered address at MK45 2NW, England, Bedford, 3 Doolittle Yard Froghall Road, Ampthill.

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