Lim Group Ltd

Lim Group Ltd is a small, active company based in Milton Keynes, UK, founded 22 years ago in 2002. With £1,405,578 in assets and a virtual address shared by 62 other companies, it employs six people and is led by two directors and one owner. The company regularly imports and exports leather goods, travel bags, and animal harnesses, with 9 months of import activity and 3 months of export activity recorded.

The company’s website, Lim Group Horsecentric, reveals a much larger international operation focused on equestrian supplies. It's a leader in the international saddle industry, recognized for its expertise in custom-made equipment, traditional craftsmanship, and innovative designs. Beyond saddles, the group operates in the animal health and well-being sector, with brands like AudevardRavne and Arioneo. The website highlights a commitment to the horse, with a focus on quality, innovation, and partnerships. It even has a showroom in Harrods, London.

Financially, Lim Group Ltd presents a mixed picture. Cash reserves increased by 40% to £400,000, while current assets rose by 34% to £1.4 million. However, net losses deepened from -£10,000 to -£23,000. Bank borrowings surged by 2,400%, reaching £29,000, and creditors rose 14% to £380,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increased debt raises questions. The average number of employees has also increased by 83%, from six to eleven. The company is audited by Crouchers Limited.

Overall, Lim Group Ltd seems to be growing, but it’s important to keep an eye on its increasing debt levels. The company’s diverse range of brands and international presence suggest a solid foundation, but financial pressures could pose a challenge in the future.

Registered in England/Wales under the registration number 04491579, with a registered address at MK7 8NL, United Kingdom, Milton Keynes, Buckinghamshire, 1 Copperhouse Court, Caldecotte Business Park.

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