Lem Solutions Limited
- Small
- Active
- 16 years
- 1 employee
- £687,796 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Lem Solutions Limited is a small, active company based in London, UK, established sixteen years ago in 2008. The company, with a real registered address and just one employee, holds £687,796 in assets. It’s a solo founder operation, overseen by one director and one owner, Lefcoe Darren. The company operates in the retail sale via mail order houses or via internet, and also in the activities of financial services holding companies.
The company's website, while present, is currently experiencing technical difficulties, displaying a series of warnings related to string offsets and header information. This suggests potential issues with the website’s code or server configuration, possibly hindering e-commerce functionality.
Financially, Lem Solutions Limited presents a mixed picture. Cash bank on hand has decreased by 25% to £470,000, while creditors remain steady at £1,800,000. Current assets have fallen by 18% to £690,000, and net assets have declined by 30% to -£200,000. Investments in fixed assets, however, have seen a significant 50% increase to £930,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity is concerning. The accounts are unaudited and described as “filleted,” meaning they’re simplified and exempt from a full audit. There is no auditor mentioned.
The company’s financial trends suggest it's facing challenges. While investments have grown, the decline in cash reserves and the negative equity indicate a possible need to manage expenses more carefully. It’s possible the company is reinvesting heavily in its business, but the lack of profitability is a cause for concern.
Registered in England/Wales under the registration number 06614418, with a registered address at NW11 9JH, United Kingdom, London, 45 Sinclair Grove.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lefcoe Darren
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Lefcoe Darren
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 4 pages pdf report
-
Confirmation statement made on 2024-11-20 with updatesDownload 5 pages pdf report
-
Cessation of Leena Lefcoe as a person with significant control on 2020-11-16Download 1 page pdf report
FAQ about Lem Solutions Limited
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