Lidar Lounge Ltd

Lidar Lounge Ltd is a small, active company based in Watford, UK, established ten years ago in 2014. With eleven employees and £306,999 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with just two months of import activity recorded as of August 2024.

The company's website showcases a unique service: 3D body scanning, environment scanning, and item scanning, alongside "rigs and new technology." It operates from Shepperton Studios, a well-known film and television studio, and offers services to the performing arts industries. The website’s design is simple, almost minimalist, with a focus on showcasing its scanning capabilities and projects. There’s a clear emphasis on high-tech solutions for the entertainment sector.

Financially, Lidar Lounge Ltd presents a mixed picture. Current assets have decreased by 36% to £310,000, while net assets have fallen by 1.8% to £470,000. Bank borrowings have been reduced by 30%, dropping to £25,000, and cash reserves have plummeted 53% to £170,000. Creditors have also decreased by 23%, suggesting some improvement in managing short-term debts. Despite the decline in cash, the company's plant and machinery have increased by 30%, reaching £390,000—a potentially positive sign of investment. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp drop in cash reserves warrants attention. The unaudited figures, overseen by an auditor, suggest a company navigating a period of change, possibly reinvesting in its technology and services.

Registered in England/Wales under the registration number 09224866, with a registered address at WD19 4FS, Watford, 1 Edinburgh Mews.

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