Lewis & Palmer Limited

Lewis & Palmer Limited is a small, holding company based in Milton Keynes, UK, with an active status. Founded seven years ago in May 2017, it employs just seven people and holds £79,084 in assets. The company operates from a virtual address – registered at a location shared by 341 other companies – and is led by two directors and three owners, representing a family business. It’s a holding company, and primarily focuses on retail sales via mail order houses or via the internet.

The company’s website is minimal, providing little insight into its specific operations beyond its industry classification. There's no obvious e-commerce presence, suggesting it may act as an investment holding company for other businesses or facilitate back-end operations for online retail ventures.

Financially, Lewis & Palmer Limited’s recent performance paints a picture of a company facing challenges. Current assets have fallen by 45% to £79,000, while net assets have dropped significantly by 25% to -£1,800,000. Bank borrowings have increased slightly to £2, and cash reserves have decreased by 54% to £11,000. Creditors have also fallen by 51% to £280,000. The company’s small size – meeting two of three conditions for being classified as small – helps it remain flexible, but the substantial equity decline is concerning. The company is exempt from an audit, so the figures are unaudited.

While the company’s financial situation appears strained, it’s important to note that these figures represent a snapshot in time. The decrease in equity could be due to investments in other ventures, or perhaps a period of reduced profitability. The fact that the company is a holding company means its financial health is likely tied to the performance of its underlying investments, and it’s difficult to draw firm conclusions without further information.

Registered in England/Wales under the registration number 10747975, with a registered address at MK11 1BN, England, Milton Keynes, Buckinghamshire, The Stable Yard Vicarage Road, Stony Stratford.

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