Lc Worldwide Limited

Lc Worldwide Limited is a small, active company registered in London, UK, founded eight years ago in 2017. With £93,615 in assets and a virtual address shared by many other businesses, it’s a compact operation managed by one director and owner. The company regularly imports clothing and accessories (excluding knitted or crocheted items), with its last import activity dating back to June 2020. It operates in the retail sale via stalls and markets of textiles, clothing and footwear, and acts as an agent involved in the sale of textiles, clothing, fur, footwear and leather goods.

The company’s website, LC International Ltd, focuses on plant maintenance and welding services. It’s a significant departure from the import business, highlighting a diversification into mechanical engineering, CODED welding, and civil engineering. The site emphasizes reliability, experience (over 10 years in each sector), and a flexible team—a clear effort to attract clients seeking dependable industrial support. It's a little confusing, but they seem to be offering a range of services.

Financially, Lc Worldwide Limited presents a mixed picture. Current assets have decreased slightly, falling 8.4% to £94,000, while net assets have increased by 27% to £45,000. Bank borrowings have reduced significantly, dropping 15% to £37,000, and cash reserves have also fallen by 13% to £80,000. Creditors have also decreased by 15%, suggesting improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the drop in cash reserves is something to watch. There’s no auditor mentioned, so the figures are unaudited.

Overall, Lc Worldwide Limited appears to be navigating a complex business landscape. The shift towards plant maintenance and welding services is a strategic move, but the company's financial health will depend on its ability to generate consistent revenue and manage its cash flow effectively.

Registered in England/Wales under the registration number 10738448, with a registered address at EC1V 2NX, United Kingdom, London, 124 City Road.

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