Lff (scotland) Ltd.

Lff Scotland Ltd, based in London, UK, is a large holding company with an active status, established 35 years ago. Employing 30 people and holding assets of £13,365,256, the company operates from a virtual address, a detail flagged by the registration of 1396 other companies at the same location. Eight directors and one owner (though the owner list may not be exhaustive) guide the business, which has been importing iron or steel products for 267 months and exporting electrical machinery and equipment for 1732 months—a clear indication of established international trade.

The company's website paints a picture of a global leader in the supply of pipes, fittings, flanges, and valves, primarily serving the oil, gas, and petrochemical industries. Lff Group, as it's also known, boasts over 40 years of experience and emphasizes project management, supply chain management, and customer satisfaction. They maintain a large inventory of low-temperature carbon steel and offer engineering expertise, with offices in 15 locations worldwide. The website highlights a commitment to quality and agility in responding to industry changes.

Financially, Lff Scotland Ltd presents a mixed picture. While cash and cash equivalents increased by 25% to £4.1 million, net assets only increased slightly. However, administrative expenses rose significantly by 22% to £3.7 million, and current assets increased by 43% to £13 million. Bank borrowings decreased by 11%, and director remuneration increased by 11% to £770,000. The company’s size (meeting two of three criteria for a large company) suggests a robust operation, but the increase in administrative costs warrants further investigation. The company's auditor is Silver Levene (UK) Limited.

The company's consistent import and export activity, combined with its global presence, suggests a stable business model. However, the increase in administrative costs and the virtual address raise questions about operational efficiency and potential risks. The company's long history and established reputation, however, provide a solid foundation for continued success.

Registered in England/Wales under the registration number 02490141, 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.