Level Developments Limited

Level Developments Limited, based in Croydon, UK, is a small, active company established 37 years ago in 1987. It employs 70 people and holds assets worth £3,098,229. The company has a real registered address and is managed by seven directors, with Jones Martin as the sole owner. Level Developments regularly imports and exports optical and medical tools and devices, with 227 months of import activity and 609 months of export activity recorded.

The company operates in the manufacture of electronic and non-electronic measuring equipment, catering to industries that don't involve industrial process control. Its website is not available for review.

Financially, Level Developments Limited shows a mixed picture. Current assets decreased by 9.3% to £3,100,000, while net assets increased by 8.1% to £3,900,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, 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 agile, but the sharp equity drop raises questions. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data indicates a possible need to manage cash flow more effectively, as evidenced by the increase in bank borrowings and the decrease in cash reserves. The increase in trade debtors suggests that customer payments may be delayed, which could be impacting the company’s ability to meet its financial obligations. The decrease in creditors, however, suggests that the company is managing its short-term debt obligations effectively.

Registered in England/Wales under the registration number 02179307, with a registered address at CR0 2DN, Croydon, Surrey, Spencer Place, 97-99 Gloucester Road.

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