Lgm Products Limited

Lgm Products Ltd from Fleet UK is a small, active company founded 26 years ago in 1998. With 10 employees and £1,402,978 in assets, it operates from a real address and is overseen by five directors and two owners. The company maintains an e-commerce site and enjoys a stellar 5.0 Google rating based on 12 reviews. It's a regular importer and exporter of electrical machinery and equipment, with 43 months of import activity and a remarkable 747 months of export activity—the latest operations both occurring in February 2025.

The company's website details its role as agents involved in the sale of machinery, industrial equipment, ships, and aircraft. It appears to be a well-established business with a focus on international trade, leveraging its e-commerce presence to reach a wider customer base. The high number of export months suggests a strong track record in overseas markets.

Financially, Lgm Products Ltd presents a mixed picture. While current assets increased by 18% to £1,400,000, net assets also rose by 10% to £870,000. However, bank borrowings surged by 1600%, reaching £31,000, and cash reserves decreased by 10% to £690,000. Trade debtors increased by 18% to £470,000, indicating potential delays in customer payments, and creditors rose by 28% to £550,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's exempt from an audit, so the financial data is unaudited.

Overall, Lgm Products Ltd seems to be a resilient business navigating the challenges of international trade. The increase in debt suggests a period of expansion or investment, while the strong export record points to a successful strategy in overseas markets.

Registered in England/Wales under the registration number 03574049, with a registered address at GU52 8EA, England, Fleet, Unit 3, Quantum Business Park Beacon Hill Road, Church Crookham.

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