Lemo Ltd

Lemo Ltd from London UK: small company, active status, founded 3 years ago, 1 employee, £12,590 assets, virtual address, 1 director, 1 owner, google rating 4.0 based on 1 reviews. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £12,590. The company operates in the retail sale via mail order houses or via internet industries.

LEMO is a global leader in push-pull connectors, and their website showcases a vast range of solutions for diverse industries. They don's just sell connectors; they offer complete connectivity services, including cable assembly and signal integrity testing. The site is very professional and aimed at engineers and procurement specialists, not everyday consumers. There's a strong emphasis on technical specifications, custom solutions, and industry-specific applications, from medical devices to aerospace components. It’s clear LEMO is focused on high-quality, specialized products rather than mass-market sales. The website also highlights a commitment to innovation, with sections dedicated to new products, design tools, and industry trends.

Financially, Lemo Ltd is showing some concerning trends. While the company’s small size helps it remain agile, its net assets have plummeted by 200% to -£82,000. Cash bank on hand has also dropped dramatically, falling 85% to just £5,500. Debtor’s have increased substantially, up 320% to £7,100, which could be a sign of delayed payments. On the brighter side, creditors have increased by 39%, which may indicate the company is taking advantage of supplier credit terms. The lack of an auditor is not unusual for a small company, but it does mean the figures are unaudited. It seems like the company is burning through cash, and the significant increase in liabilities suggests it’s relying on external funding to keep operations going. It’s possible that the company is investing heavily in growth, but the current financial picture is not encouraging. The director, Miss Yi Yu, will need to carefully manage the company's finances to ensure its long-term viability.

Registered in England/Wales under the registration number 13457491, with a registered address at WC1V 6AX, England, London, Chancery Station House, 31-33 High Holborn.

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