Levitation 29 Limited

Levitation 29 Limited is a small, active company based in London, UK, founded seven years ago in April 2018. It employs four people and holds £144,232 in assets. With a real registered address at the South Bank Technopark and two directors, the company operates in the specialised design activities industries. It’s owned by Males Benjamin Ian. The company is an irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on June 01, 2023.

The company’s website, Levitation 29, is simple and sparse, consisting of just two pages. It’s hard to tell exactly what they do from the site itself, but it seems to be a portfolio or showcase for their design work. There’s no e-commerce functionality, suggesting a service-based business rather than a retail operation.

Financially, Levitation 29 Limited presents a mixed picture. While cash reserves increased by 21% to £120,000, net assets decreased by 32% to £44,000. Creditors increased significantly, by 170% to £82,000, which could indicate increased investment or perhaps a reliance on short-term financing. Trade debtors decreased slightly, by 7.4% to £24,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, so the figures are unaudited. The increase in borrowings, however, suggests the company may be burning through cash despite the rise in cash reserves. The lack of key management personnel compensation is also noted.

The company’s current legal name is Levitation 29 Limited, and it was previously known as Laugier Males Limited. The company’s production software is Digita Accounts Production Advanced, version 6.30.9574.0.

Registered in England/Wales under the registration number 11323542, with a registered address at SE1 6LN, England, London, Room 2b01 South Bank Technopark, 90 London Road.

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