Lh Plc

LH Plc is a large holding company, active since 1993, employing 28 people and managing assets of £3,046,532. The company, based in Wimbledon, London, reported a yearly revenue of £4,597,797. With five directors and a single owner, LH Plc operates in the other service activities n.e.c. industries and boasts a 4.0-star Google rating from five reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts.

LH Plc’s core business revolves around air conditioning and chiller services. The company provides maintenance, fault finding, commissioning, and refurbishment services, alongside supplying a range of air conditioning products, compressors, and bespoke chillers. They serve a diverse clientele, including railway operators like Transport for London, commercial businesses, schools, hospitals, and industrial facilities. The website highlights their expertise in railway air conditioning refurbishment and offers a range of products and services, including a sustainability focus.

Financially, LH Plc’s recent performance presents a mixed picture. Cash and cash equivalents increased significantly by 140% to £750,000, which is a positive sign. However, net assets decreased by 8.3% to £2,100,000. Turnover increased by 21% to £4,600,000, but net losses deepened, suggesting rising costs. Trade debtors increased dramatically by 890%, which could indicate difficulties in collecting payments. Bank borrowings increased by 2,400%, which is a concerning trend. The company’s auditors, Shaw Gibbs (Audit) Limited, haven’t reported any matters of exception.

Overall, LH Plc seems to be navigating a period of change. While revenue growth and improved cash flow are encouraging, the increase in debt and losses warrant close monitoring. The company's long-standing reputation and diverse client base provide a solid foundation, but sustained profitability will depend on managing costs and improving collections.

Registered in England/Wales under the registration number 02802249, with a registered address at SW19 8UG, 42 Weir Road Wimbledon, London.

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