Lev Engineering Limited

Lev Engineering Limited, based in Leicester, UK, is a small, active company founded seven years ago. With eight employees and £2,357,362 in assets, it operates from a real address and is managed by a single director and owner. The company is a regular importer of machinery, boilers, and mechanical appliances, with parts imported for 31 months, the most recent in January 01, 5.

The company’s website highlights its expertise in local exhaust ventilation (LEV) engineering, providing bespoke dust and fume extraction systems, evaporative cooling systems, and general ventilation solutions for various industries. It offers design, installation, and testing services, catering to welding, fabrication, metalworking, and more. Lev Engineering is also an authorized distributor of Plymovent products, a global supplier of ventilation solutions. The site even has a dedicated section for mechanical solutions, offering skilled engineers for maintenance, installations, and more.

Financially, Lev Engineering Limited demonstrates a positive trend. Cash and bank holdings increased by a substantial 20% to £1,800,000, while net assets grew by 32% to £2,100,000. Trade debtors also increased by 20% to £540,000. However, corporation tax payable rose by 37% to £170,000, and accrued liabilities increased slightly to £1,600. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in tax liabilities may require careful management. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company’s growth in cash reserves and net assets suggests a healthy business, but the increase in tax liabilities is something to keep an eye on. The focus on specialized ventilation solutions and strong partnerships, like that with Plymovent, positions Lev Engineering well for continued success.

Registered in England/Wales under the registration number 11061027, with a registered address at LE9 2AG, United Kingdom, Leicester, 4 Fox Lane, Kirby Muxloe.

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