Lime Communications Limited

Lime Communications Limited, based in Borehamwood, UK, is a small, active company established 25 years ago in 1999. With 16 employees and £1,363,492 in assets, it operates from a virtual address, a fact highlighted by the presence of 269 other companies registered at the same location. The company is managed by eight directors and owned by Hasson Lesley. It’s a bit of an irregular business, importing toys, games, and sports equipment for a short period (1 month, last in 2022) and exporting iron or steel products for a couple of months (last in 2023).

The company’s website reveals a multifaceted promotional music and entertainment business. It runs a record label, Lime Digital Music, which has been giving unsigned artists a platform since 2015, offering digital music release services. It also operates as a booking agency, Lime Digital Entertainment, specializing in live music for venues and events, covering genres from jazz to reggae. The site even mentions a special events service, catering to corporate events and weddings. A surprising element is the inclusion of a business-to-business lead generation listing on BusinessBrainStorming.co.uk.

Financially, Lime Communications Limited presents a mixed picture. Cash reserves increased significantly by 93% to £870,000, a positive sign. However, trade debtors decreased by 26%, suggesting potential difficulties in collecting payments. Creditors increased by 23%, and net assets rose by 18%. Although the company’s size (meeting two of three conditions for a small company) allows for agility, the increase in bank borrowings is something to keep an eye on. The company’s financial statements are unaudited, which is common for small companies. Overall, while the company appears to be generating more cash, it’s important to monitor its ability to manage its debts and maintain a healthy financial position.

Registered in England/Wales under the registration number 03814204, with a registered address at WD6 1JD, Borehamwood, Hertfordshire, 5 Elstree Gate, Elstree Way.

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