Lff Glamal Holdings Limited

Lff Glamal Holdings Ltd, based in London, UK, is a large holding company with an active status, having operated for 53 years. Employing 72 people and boasting assets of £8,944,886, the company functions with a virtual address and is overseen by four directors and one owner. Its Google rating stands at 3.0 based on two reviews. The company is a regular importer and exporter of iron or steel products, with 511 months of import activity and 790 months of export activity.

The company’s website paints a picture of a global supplier of pipes, fittings, flanges, and valves, operating under the name LFF Group. For over 40 years, LFF Group has supported the oil, gas, and petrochemical industries, providing project management and supply services. They highlight relationships with leading manufacturers and emphasize customer satisfaction through award-winning execution. The website also showcases engineering expertise, a global organization with offices in 15 locations, and a commitment to clarity and transparency. Recent blog posts address topics like carbon steel usage and hydrogen service.

Financially, Lff Glamal Holdings Ltd presents a mixed picture. While cash bank on hand increased significantly by 110% to £320,000, net assets grew by a modest 8.1% to £7,900,000. However, net losses deepened by 19% to £1,100,000. Trade debtors increased by 33%, indicating potential issues with customer payments. Bank borrowings also increased, and creditors rose, suggesting a need to manage debt effectively. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor (likely exempt due to size) mean the figures are unaudited. Silver Levene (UK) Limited conducted the audit.

Overall, Lff Glamal Holdings Ltd appears to be navigating a period of change. While its global supply operations seem robust, the financial results suggest a need for careful management of costs and debt to ensure long-term stability.

Registered in England/Wales under the registration number 01032564, with a registered address at W1T 7NF, United Kingdom, London, Level 5a Maple House, 149 Tottenham Court Road.

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