Lgm Aviation Ltd

Lgm Aviation Ltd, based in Twickenham, UK, is a small, active company founded seven years ago. With a single employee and £1,974,910 in assets, it operates from a virtual address—a detail flagged by the presence of fifty companies registered at the same location. The business is led by one director, though no owners are officially listed. It’s a regular importer and exporter of aircraft, spacecraft, and their parts, with 16 months of import activity and 9 months of export activity recorded.

The company’s website, LGM Aviation, highlights its role as a global supplier of commercial aircraft parts and logistics services. It caters to airlines, lessors, and aftermarket service providers, offering part sales, repair management, and logistics solutions. The site emphasizes a broad range of materials and logistics support services, including sourcing, supplying, and stocking commercial and business jet consumables. It even partners with Rock2Recovery to help ease PTSD in the Armed Forces.

Financially, Lgm Aviation Ltd presents a mixed picture. While current assets increased by a substantial 100% to £2,000,000, net assets also rose by 37% to £1,000,000. However, cash reserves plummeted 71% to £63,000, and bank borrowings increased significantly. Creditors also saw a dramatic rise, ballooning by 300% to £270,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the surge in liabilities warrants attention. Loans from directors increased significantly, suggesting a need for external funding. The lack of an auditor—likely due to its small size—means the figures are unaudited.

Overall, Lgm Aviation Ltd appears to be navigating a period of growth and change. While its core business seems robust, the increased liabilities suggest it’s burning through cash, and it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 10942487, with a registered address at KT13 8AL, England, Weybridge, Surrey, Egerton House, 68 Baker Street.

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