Ler Ltd

Ler Ltd, based in Ilkeston, UK, is a small, active company founded 46 years ago in 1978. With 16 employees and £651,627 in assets, it’s a well-established business boasting a 4.0 Google rating from eight reviews. The company operates as an irregular importer, with its last import activity recorded one month ago in January 2025, though the specific category of imports remains unspecified. It’s run by three directors and a single owner, Sherratt David William.

Ler Ltd specializes in the manufacture of electric motors, generators, and transformers, offering a range of services including motor repair, pump repairs, and advanced engineering solutions like laser alignment and vibration analysis. The company’s website highlights its expertise in industrial engineering, providing 24/7 service and catering to customers across the East Midlands and beyond. Recent case studies showcase successful implementations of Aegis Ring solutions for commercial shipping, demonstrating the company’s ability to tackle operational inefficiencies and enhance safety.

Financially, Ler Ltd presents a mixed picture. While current assets increased by 19% to £650,000, net assets grew by 20% to £380,000, and cash reserves jumped 47% to £250,000, there are some concerning trends. Creditors rose by 29% to £280,000, and bank borrowings decreased by 44% to £45,000. Trade debtors decreased by 3.3% to £330,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the increase in creditors suggests a need for careful debt management. As a small company, Ler Ltd is exempt from an audit, relying on unaudited statements. The company’s long history and positive Google rating suggest a strong reputation, but the financial data indicates a need to monitor expenses and maintain a healthy cash flow.

Registered in England/Wales under the registration number 01380742, with a registered address at DE7 4RJ, England, Ilkeston, Derbyshire, Unit A3 Langham Park Lows Lane, Stanton-By-Dale.

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