Lek Lubrication Engineering Limited

Lek Lubrication Engineering Ltd from Prescot UK: a small, active company founded eight years ago, employs five people, and holds £259,804 in assets. It’s a real address with four directors and two owners, making it a family business. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 11 months of import activity recorded.

The business operates as an official distributor of Beka Centralised Lubrication Systems, offering installation, servicing, and repair of lubrication systems across the UK. They design and install both automatic and manual systems, specializing in the Beka range of pumps, including the BekaMax EP1, Pico, and Hammax. With over 30 years of experience, Lek Lubrication prides itself on customer service and reliability, with trained fitters even working in Germany. Their services extend to supplying a wide range of lubrication fittings, pipes, and accessories, offering next-day delivery.

Financially, Lek Lubrication’s recent report shows some concerning trends. While turnover remained stable, net assets have fallen significantly, dropping 51% to £39,000. Cash reserves have also taken a hit, plummeting 56% to £54,000. Bank borrowings increased, and creditors rose by 16%, suggesting a reliance on credit. The number of employees has also decreased by 40%, from five to three. Despite meeting two of three criteria to be considered a small company, the decline in equity and cash reserves indicates potential financial pressure. The report is unaudited, and no auditor firm is mentioned, which is typical for small companies.

Overall, Lek Lubrication Engineering Ltd appears to be facing some challenges despite its established reputation and specialized services. Whether the company can navigate these pressures and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 10273651, with a registered address at L35 2XQ, United Kingdom, Prescot, Merseyside, 30 Cumber Lane, Whiston.

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