Lincs Aquatics Limited

Lincs Aquatics Ltd, based in Woodthorpe, Alford, UK, is a small, family-run business with an active status. Established 20 years ago, the company employs nineteen people and holds £854,940 in assets. It operates from a real address at Strubby Airfield and is managed by three directors and two owners. The business runs an e-commerce site and has a respectable 4.0 Google rating from 835 reviews. It’s an irregular importer, primarily dealing in fish and seafood, including shellfish, with the last import activity occurring one month ago.

The company’s website showcases a wide range of products catering to aquatics enthusiasts. It sells everything from aquariums and lighting to pond supplies and reptile habitats. It also offers livestock, including tropical fish, pond plants, and reptiles. The website clearly emphasizes a diverse product range, with dedicated sections for marine, freshwater, and pond equipment. The site also includes a spare parts section, and a clearance section.

Financially, Lincs Aquatics Ltd shows a mixed picture. Current assets have decreased by 17%, dropping to £850,000, while net assets have increased slightly to £640,000. Bank borrowings have risen by 8.8% to £760,000, and cash reserves have fallen by 4.8% to £12,000. Trade creditors have decreased significantly by 63%, which could indicate improved cashflow management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

The company’s reliance on irregular imports, as well as the slight decrease in cash reserves, suggests it may be facing some financial pressures. However, the strong Google rating and diverse product offering indicate a loyal customer base and a well-managed e-commerce operation. It’s likely the company is navigating the challenges of supply chain disruptions and fluctuating demand, but its established presence and family-run structure provide a solid foundation for future growth.

Registered in England/Wales under the registration number 05391201, with a registered address at LN13 0DD, Woodthorpe, Alford, Hanger 1, Strubby Airfield.

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