Letts Swimming Pools Limited

Letts Swimming Pools Ltd from Ipswich UK: a small, active company founded 45 years ago, employs nine people, holds £363,013 in assets, and generates yearly revenue of £2,924,131. It has a real address, three directors, one owner, and a Google rating of 4.0 based on 26 reviews. The company regularly imports toys, games, and sports equipment, with the last import operation occurring three months ago.

The company's website highlights its services as a long-established family business specializing in pool design, construction, servicing, and repairs. They also operate an online shop for pool chemicals and materials. It seems they have a showroom and offer free delivery on orders over £130. They’re aiming to transform visions for a perfect pool into a beautiful, functional reality.

Financially, Letts Swimming Pools Ltd shows some interesting trends. Cash reserves have fallen by 45% to £92,000, while bank borrowings have decreased by 47% to £48,000. Turnover increased by 5% to £2.9 million, which is good news, but net assets have increased by 55% to £400,000. Creditors have also decreased by 17%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay competitive. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Letts Swimming Pools Ltd appears to be a stable business, although the drop in cash reserves could indicate some financial pressures. The company’s long history and focus on customer service suggest a resilient business model, but it’s important to monitor the financial trends closely.

Registered in England/Wales under the registration number 01452184, with a registered address at IP7 6HP, England, Ipswich, Semer, Semer.

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