Lever Engineering Supplies Ltd

Lever Engineering Supplies Ltd, based in Preston, UK, is a small, active company founded just two years ago. With two employees and £43,924 in assets, it's a modest operation managed by four directors and two owners. The company has a real registered address and currently holds a perfect 5.0 Google rating from a single review. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation recorded one month ago in February 2025.

The company operates in the non-specialised wholesale trade industries. While a website isn't available, this suggests a business-to-business model, potentially supplying electrical components to other companies rather than directly selling to consumers. It’s possible they focus on local businesses or specialize in a particular type of electrical equipment.

Financially, Lever Engineering Supplies Ltd presents a mixed picture. Current assets remain steady at £44,000, but net assets are negative at -£15,000. This suggests the company is operating with liabilities exceeding its assets. Bank borrowings are absent, and cash reserves are stable at £39,000, which is good, but creditors are at £62,000, indicating a reliance on credit. Trade debtors are low at £4,500. 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 negative equity raises concerns about long-term sustainability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The recent change in ownership (two months ago) and directors (seven months ago) could signal a period of restructuring or a shift in strategy. It’s possible the new leadership is working to improve profitability and manage debt—but for now, Lever Engineering Supplies Ltd is navigating a challenging financial landscape.

Registered in England/Wales under the registration number 14858282, with a registered address at PR3 1AA, England, Preston, Courtyard 1 & 2 Old Holly Farm, Cabus Nook Ln.

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