Licata Midlands Limited

Licata Midlands Ltd from Birmingham UK: small company, holding company, active status, founded 3 years ago, 8 employees, £1,400,988 assets, real address, 1 director, 1 owner, google rating 5.0 based on 15 reviews. Regular importer of miscellaneous chemical products (6 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the agents specialized in the sale of other particular products, the wholesale of hardware, plumbing and heating equipment and supplies, the wholesale of wood, construction materials and sanitary equipment, the retail sale of hardware, paints and glass in specialised stores industries. Officially, it has one owner or PSCs, one director, and eight employees.

The company’s website is currently unavailable, making it difficult to ascertain its exact online presence or e-commerce capabilities. However, its import activity—specifically, the regular importation of miscellaneous chemical products over a six-month period—suggests a focus on supplying businesses rather than direct consumer sales. The company’s registered address is real, with only one other company registered at the same location.

Financially, Licata Midlands Ltd presents a mixed picture. While the company holds £1,400,000 in current assets, cash reserves have fallen to £140,000, and bank borrowings have reached £140,000. Creditors have remained steady at £1,400,000. Net losses deepened to -£23,000. The company’s retained earnings have decreased to £41,000. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited. It's possible the company is investing heavily in inventory or expanding its operations, which could explain the increased borrowings and decreased cash flow.

The company’s small size and active status, combined with a strong Google rating, suggest it’s a well-regarded player in its niche. However, the financial data indicates a need for careful management to ensure long-term sustainability. It is possible that the company is facing challenges in collecting payments from customers, as trade debtors have remained steady at £1,100,000.

Registered in England/Wales under the registration number 14085491, with a registered address at B45 0LD, United Kingdom, Birmingham, West Midlands, Unit 17 Frankley Industrial Estate Tay Road, Frankley.

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