Lexham International Limited

Lexham International Ltd from London UK is a small, active company founded seven years ago in 2017. With 16 employees and £2,250,925 in assets, it operates from a virtual address and is led by five directors and a solo founder. The company irregularly imports ceramic products (two months of activity) and exports various textile products, sets, used clothing, and rags (one month of activity).

The company’s website, Lexham Insurance, specializes in motor insurance, particularly for two-wheelers. It offers a wide range of policies, including scooter, motorcycle, delivery rider, and quad insurance, alongside related products like breakdown cover and personal accident insurance. The site also features a blog with articles and reviews related to motorbikes and scooters, and a resource centre offering helpful information for riders. It's clear they are aiming for a specialist niche within the broader insurance market.

Financially, Lexham International Ltd presents a mixed picture. While cash reserves increased significantly by 160% to £1.9 million, trade debtors decreased by 47% to £310,000, which could indicate challenges in collecting payments. Liabilities deferred income rose by 44% to £290,000, and corporation tax payable increased to £51,000. Despite these challenges, net assets increased by a substantial 570% to £1.1 million. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the increase in deferred income and the decrease in debtors are worth keeping an eye on. The accounts are unaudited, as is common for small companies.

Overall, Lexham International Ltd appears to be navigating a complex landscape, balancing growth with financial management. The focus on specialist motor insurance and the online presence suggest a targeted approach, but the financial data highlights the need for careful attention to cash flow and debt collection.

Registered in England/Wales under the registration number 10866116, with a registered address at EC2A 2AP, United Kingdom, London, 6th Floor 9 Appold Street.

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