Lgx Ltd

Lgx Ltd is a small, active company based in Maidstone, UK, established 24 years ago in 2001. It’s a family business with one director and two owners, operating from a virtual address shared by 27 other companies. The company holds just £14,362 in assets and is classified as a dormant company. It’s been irregular in its import activities, bringing in electrical machinery and equipment for two months, with the last import occurring in January 2025. Accounts are three years overdue, and confirmation statements are two years overdue.

The company’s website is non-existent, so it's impossible to determine if it operates an e-commerce site or has any online presence. The lack of a website suggests a more traditional, perhaps B2B, operation—or potentially a business that's no longer actively trading.

Financially, Lgx Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, several indicators suggest financial strain. Current assets have decreased by 3.5% to £14,000, and net assets have plummeted 3400%, reaching a mere £3,500. Bank borrowings have vanished completely, a positive sign, but cash reserves have also disappeared. Trade debtors have increased significantly by 33%, which could indicate issues with customer payments. Creditors have decreased slightly, but overall, the sharp decline in equity is concerning. No auditor is mentioned, consistent with its status as a small, exempt company.

The company’s dormant status, coupled with the overdue accounts and confirmation statements, raises questions about its current operational health. While the family business structure could provide stability, the financial data suggests it's burning through money, and the lack of a website and irregular import activity don't paint a picture of a thriving enterprise.

Registered in England/Wales under the registration number 04151601, with a registered address at ME15 6JD, United Kingdom, Maidstone, Kent, Trade Fair House 2 West Court, Enterprise Road.

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