Lignotech Limited
- Small
- Active
- 11 years
- 2 employees
- £494,151 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Lignotech Limited, based in Leicester, UK, is a small, active company founded 11 years ago. With two employees and £494,151 in assets, it operates from a real address and is led by one director and owner. The company is a regular importer of machinery, boilers, and mechanical appliances parts, with recent activity recorded as of March 2025. It specializes in the installation of industrial machinery and equipment.
The company’s website showcases a focus on automated woodworking solutions, particularly crosscutting saws and nailing machinery. Lignotech acts as the exclusive importer and distributor for several brands, including ProfiCut and AngleMaster, offering a range of options like automatic loading, inkjet printers, and robotic systems. It also provides tailored handling equipment for various machinery, from infeed conveyors to stacking systems, and even offers REMA panel saws with programmable settings. The website also highlights a woodworking supply shop in Glen Parva, England.
Financially, Lignotech Limited presents a mixed picture. Cash reserves have increased significantly by 56%, reaching £480,000, and current assets are up 26% to £490,000. However, debtors have plummeted by an impressive 87%, leaving only £11,000, which could indicate cash flow issues. Equity has grown by 24% to £300,000, and creditors have decreased by 16%, suggesting better debt management. The company’s small size—meeting two of three conditions for a small company—helps it remain nimble. No auditor is mentioned, indicating exemption as a small company, and the accounts are unaudited.
Overall, Lignotech Limited appears to be financially stable with growing assets, but the sharp decline in debtors warrants closer attention. The company's focus on specialized woodworking machinery and automated solutions, however, suggests a potentially lucrative niche, and its growth in cash reserves is a positive sign.
Registered in England/Wales under the registration number 08788449, with a registered address at LE2 9HL, Leicester, 83 Leicester Road, Glen Parva.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-10-26 with updatesDownload 5 pages pdf report
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Unaudited abridged accounts made up to 2023-11-30Download 7 pages pdf report
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Confirmation statement made on 2023-10-26 with updatesDownload 5 pages pdf report
Importer profile by HS codes
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Last imported products
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