Lcl Electronics Assembly Ltd

LCL Electronics Assembly Ltd, based in Leicester, UK, is a small, active company founded five years ago in 2019. Employing 38 people and holding assets of £1,627,672, it operates from a real address and is overseen by two directors and one owner. The company is a regular importer of electrical machinery and equipment, with 32 months of import activity recorded, the last in November 2024. It’s an irregular exporter, with just one month of export activity in January 2024.

The company’s website describes LCL Electronics Assembly as a UK-based contract electronics manufacturer (CEM), offering full turnkey manufacturing solutions including prototype, pre-production, and medium volumes of PCBs, product build, and cable harnessing. They serve a wide range of customers, from blue-chip companies to smaller businesses, across diverse industries like education, electronics, rail, and medical diagnostics. The website highlights capabilities like SMT, PTH, LED, and box build assembly, as well as global purchasing and reshoring services. They even offer offshore assembly through a partnership with Falcon Industries in China.

Financially, LCL Electronics Assembly Ltd shows some interesting trends. Accumulated amortisation and depreciation on plant and machinery have increased significantly, by 60% and 61% respectively, suggesting investment in equipment. However, bank borrowings have surged by 130%, reaching £770,000, while cash reserves have fallen 88% to £81,000. Creditors have also increased substantially, by 100%, to £680,000, and net assets have declined by 6%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in debt and decrease in cash raises questions. The company’s net loss remained unchanged at -£3,400, which could be a positive sign of stability despite the other financial pressures. With no auditor mentioned, the financial statements are unaudited.

Overall, LCL Electronics Assembly Ltd appears to be navigating a period of change, with increased investment alongside growing debt. Whether this strategy will pay off in the long term remains to be seen, but the company’s focus on specialized electronics manufacturing and global partnerships suggests a commitment to growth and innovation.

Registered in England/Wales under the registration number 12052982, with a registered address at LE7 3XD, England, Leicester, Lcl Electronics Assembly Ltd. 109-110 The Burrows, East Goscote.

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