Lesmac Flexible Solutions Ltd.

Lesmac Flexible Solutions Ltd, based in Glasgow, UK, is a small, holding company with an active status. Founded 16 years ago in 2008, it employs just one person and holds £519,418 in assets. The company has a real registered address and is overseen by one director and one owner. It boasts a stellar 5.0 Google rating based on two reviews. Lesmac Flexible Solutions is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import activity occurring one month ago.

The company operates in the "other professional, scientific and technical activities n.e.c." industries. Its website is currently unavailable, so it's difficult to determine if it operates an e-commerce platform or primarily functions as a trading entity.

Financially, Lesmac Flexible Solutions Ltd presents a mixed picture. Current assets have significantly decreased by 42%, dropping to £520,000. Net assets have plummeted by a staggering 94%, settling at just £12,000. Cash reserves have also fallen by 11%, reaching £510,000. Bank borrowings have completely disappeared, with both overdrafts now at zero. Creditors have decreased by 24%, suggesting improved debt management. The company qualifies as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The sharp decline in equity is a concern, suggesting potential financial strain. The company’s reliance on a single employee and its irregular import activity also indicate a lean operation. While the company's Google rating is excellent, the financial data suggests it may be burning through money, though it's difficult to say for sure without more information.

Registered in Scotland under the registration number SC343331, with a registered address at G33 4AQ, Glasgow, 73 Dykehead Street, Queenlie Industrial Estate.

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