Levistor Ltd

Levistor Ltd from London UK: a small company with an active status, was founded four years ago and employs twelve people. It holds £697,009 in assets, operates from a virtual address, and is overseen by four directors, though there are no officially registered owners. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded in the last two years.

Levistor is focused on boosting the grid for ultrarapid energy transfer, specifically developing flywheel technology for EV charging. Its website details a vision of revolutionizing energy storage for a netzero future, offering solutions for rapid bursts of highenergy output. The company's unique laminated flywheel design aims to be safer and more costeffective than traditional methods, adapting to any power boosting need from home use to gridscale applications. They’re currently partnering with National Highways to test their technology and ease EV range anxiety on UK motorways.

Financially, Levistor Ltd’s numbers show a mixed picture. Cash bank on hand has fallen by 53%, dropping to £330,000, while current assets have also decreased by 8%, settling at £700,000. Trade debtors have increased dramatically, rising by 630% to £360,000, which could be a sign of expanding credit terms or delayed customer payments. On the other hand, creditors have also increased by 15% to £180,000. Equity has also decreased, with retained earnings and accumulated losses down 7.6%. 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 decline in equity raises questions. As a small company, it’s exempt from an audit, so the figures are unaudited. The company is using Companies House to produce its financial statements.

Registered in England/Wales under the registration number 13216670, with a registered address at N14 6JS, England, London, 2 Old Court Mews, 311a Chase Road.

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