Lifesaver Power Ltd

Lifesaver Power Ltd, based in Coggeshall, Colchester, UK, is a small, active company established twenty years ago. With two employees and £430,869 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports electrical machinery and equipment—three months of activity recorded—while occasionally exporting art and antiques, with just one month of export activity. Its website, Lifesaver Power For Good, suggests a focus on batteries and accumulators, operating within the manufacture of batteries and accumulators industries.

The company’s website reveals a broader scope beyond its core business. It highlights a focus on “good” and emphasizes quality and reliability. While the core business appears to be the manufacture of batteries and accumulators, the website suggests a commitment to sustainable practices and ethical sourcing.

Financially, Lifesaver Power Ltd presents a mixed picture. While current assets have increased by a significant 76% to £430,000, net assets have also increased by 86% to £380,000. Bank borrowings have surged by 250% to £130,000, and cash reserves have risen 77% to £100,000. Creditors have increased by 30%, and trade debtors have decreased significantly by 72%. The company's small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—allows for agility, but the increase in bank borrowings is something to keep an eye on. No auditor is mentioned, which is typical for a small, exempt company.

The increase in bank borrowings could indicate investment in equipment or expansion, but it also raises questions about cash flow. The significant decrease in trade debtors suggests improved collection practices, which is a positive sign. Overall, Lifesaver Power Ltd seems to be navigating a period of growth, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 05376217, with a registered address at CO6 1NS, England, Coggeshall, Colchester, Essex, Hitcham Unit 1, 30 West Street.

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