Lean Projects Limited

Lean Projects Limited is a small holding company based in Exeter, UK, with an active status. Founded four years ago in January 7, 2021, it employs four people and operates from a virtual address, registered at a location shared by 134 other companies. The company is led by one director, Moffat Nicholas Lawrence, and owned by Lean Estates Ltd, whose ownership details were updated eleven months ago. It’s an irregular importer, with its top import category being Miscellaneous metal items, totaling one month of imports, the last operation was conducted on October 01, 2023.

The company’s website showcases its work as construction procurement specialists, providing services for fitout, refurbishment, and construction projects. It highlights its experience with hospitality, leisure, commercial, and residential sectors, featuring project snapshots and a team page. The website also provides contact information, including a registered address at Stratus House and an office address at Winslade Park, and legal details.

Financially, Lean Projects Limited’s report shows some interesting trends. Accrued liabilities increased by 30%, while cash bank on hand rose by 52% to £790,000. However, trade creditors jumped a significant 140% to £740,000, and net losses deepened to -£23,000. Average employees increased dramatically by 220% to thirteen, which is a big change. The company meets the criteria to be a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is not surprising, given its small size and exemption status. The company’s reliance on bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000.

Overall, Lean Projects Limited appears to be navigating a period of growth and change. The increase in creditors and losses suggests it may be burning through cash to fuel expansion, but the rise in cash reserves and employees indicates a positive outlook.

Registered in England/Wales under the registration number 13142872, with a registered address at EX5 1GD, United Kingdom, Exeter, C/O Bishop Fleming Brook House Manor Drive, Clyst St. Mary.

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