Lean Business Audio Limited

Lean Business Audio Ltd, based in Ipswich, UK, is a small, active company established 21 years ago. With two employees and £208,806 in assets, it’s a modest operation overseen by four directors and two owners. The company holds a stellar 5.0 Google rating from eight reviews, a testament to its customer service. It regularly imports and exports electrical machinery and equipment, with 15 months of import activity and 13 months of export activity recorded.

The company's website positions it as an "Outstanding Audio Specialist," authorized reseller for Celestion and Carlsbro, delivering throughout Europe. It seems to focus on the sale of audio products, suggesting a B2B or B2C model, though the scale is likely small.

Financially, Lean Business Audio Ltd shows a mixed picture. Cash reserves have decreased significantly, dropping 83% to just £5,900. Bank borrowings have also declined, falling 12% to £120,000, and creditors have decreased by 12% to £120,000. However, trade debtors have increased substantially, rising 72% to £41,000, which could indicate challenges in collecting payments. Despite these pressures, the company’s net assets have increased by 11% to £280,000, and its current assets remain steady at £210,000. 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 flexibility, but the decrease in cash reserves warrants attention. No auditor is mentioned, so the figures are unaudited.

Overall, Lean Business Audio Ltd appears to be navigating a period of change. The company’s strong Google rating suggests a loyal customer base, but the financial data hints at potential cash flow pressures that need to be addressed.

Registered in England/Wales under the registration number 04991687, with a registered address at IP4 2TP, England, Ipswich, 18 The Albany.

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