Ldl Components Ltd

LDL Components Ltd, based in Glossop, UK, is a large company holding significant assets of £8,479,587 and generating £13,615,485 in revenue annually. Established fifteen years ago and employing 39 people, the firm operates as a holding company with two directors and one owner, maintaining a perfect 5.0 Google rating from 18 reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings (71 months) and exports miscellaneous metal items (3 months).

The company’s website, LDL Specialists of High Quality Furniture Components, functions as an e-commerce platform, showcasing a vast array of fittings and storage solutions, primarily focusing on Blum products. The site is geared towards trade professionals, offering competitive pricing, lifetime guarantees, and fast delivery—a clear indication of its B2B focus. It’s a well-designed site with detailed product listings, technical information, and marketing materials, suggesting a professional and well-established operation.

LDL Components Ltd’s financial data reveals a mixed picture. While current assets remain relatively stable at £8,479,587, net assets have decreased by 21%, and bank borrowings have increased by 190% to £1,900,000. Cash reserves have also fallen by 46%, indicating a possible need for increased liquidity. Creditors have decreased by 43%, which is a positive sign of improved debt management. The company meets two of three criteria to be considered a large company—meeting turnover and balance sheet total requirements—but the decrease in equity is a potential concern. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

The company's focus on Blum fittings and its trade-focused website suggest a specialized niche within the furniture components market. While the financial data indicates some pressure, LDL's strong Google rating and commitment to customer service point to a resilient business model. The increase in bank borrowings could be a strategic move to support growth or manage working capital, but it warrants close monitoring.

Registered in England/Wales under the registration number 07078986, with a registered address at SK13 1QH, England, Glossop, Dersbyhire, Unit 12 Graphite Way, Hadfield.

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