Lenson Select (u.k.) Limited

Lenson Select Uk Ltd from West Midlands UK is a small holding company with an active status, established 35 years ago. The company employs six people and holds £735,731 in assets, boasting a real address and managed by one director and owner. It maintains a stellar 5.0 Google rating based on two reviews and regularly imports iron or steel products, with the last import operation made in January 2024.

The company operates in the non-specialised wholesale trade industries, acting as a holding company. Its website, while not detailed, suggests a focus on supplying building materials. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Financially, Lenson Select Uk Ltd presents a mixed picture. While cash bank on hand increased by a healthy 34% to £390,000, net assets decreased slightly to £500,000. Trade debtors decreased significantly by 21%, which could indicate improved collection efforts, but bank borrowings increased by 160% to £30,000. A notable increase in accrued liabilities deferred income, up 3.2% to £10,000, suggests a possible shift in payment terms. The company's small size exempts it from a full audit, so the figures are unaudited.

The company's financial data suggests a period of adjustment, with increased borrowing potentially offsetting gains in cash reserves. It’s likely that the company is navigating the challenges of a competitive market, perhaps adjusting its strategies to maintain profitability. The absence of any mention of an auditor is common for small companies like this, relying on director-reported data.

Registered in England/Wales under the registration number 02451475, with a registered address at B70 8JA, West Midlands, Brandon Way, West Bromich.

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