Leonardslee Limited

Leonardslee Ltd, based in Sutton, UK, is a medium-sized holding company with an active status. Established fourteen years ago in 2010, it employs eighty people and holds assets valued at £710,495. The company’s yearly revenue reached £3,031,102. While it has a registered address, ten companies share this location, raising concerns about a virtual address. Five directors and one owner oversee the operations. Leonardslee Ltd regularly imports furniture, lighting, and prefabricated buildings, with its last import activity recorded six months ago.

The company’s website showcases a diverse range of activities centered around Leonardslee Gardens. Beyond the gardens themselves, which boast stunning landscapes and a focus on restoration, the site highlights a wine division, including a vineyard and online shop, and a restaurant called Interlude, offering fine dining experiences. There’s also a focus on events, workshops, and even a play park, suggesting a business model that caters to both tourism and local residents. The site has a good layout, but the site is a little bit confusing.

Financially, Leonardslee Ltd presents a mixed picture. While turnover remained steady at £3,000,000, net assets declined by a significant 26% to £-10,000,000. Bank borrowings increased by 35%, reaching £21,000,000, and cash reserves fell 44% to £-1,200,000. Creditors also rose by 19%, reaching £24,000,000. Depreciation expense increased substantially by 69%, indicating increased investment in property and equipment. The company’s medium size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for flexibility, but the large equity loss suggests potential financial strain. The company’s auditor is Belluzzo Audit Limited.

The increased investment in property and equipment, combined with rising bank borrowings, may signal a strategy of expansion or renovation. However, the declining cash reserves and negative equity raise questions about the company’s long-term financial health. It’s possible that the company is reinvesting profits into its various ventures, but careful management will be crucial to ensure its sustainability.

Registered in England/Wales under the registration number 07375694, with a registered address at SM1 4PL, Sutton, Surrey, 92-96 Lind Road.

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