Lions Logistics Limited

Lions Logistics Ltd from Birmingham UK: a small, active company founded nine years ago, employs 22 people, and holds £1,601,704 in assets. It’s a real address, managed by one director and two owners, and enjoys a stellar 5.0 Google rating based on 13 reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories (excluding trains and trams), with recent import activity recorded just one month ago.

Lions Logistics Limited operates in the freight transport by road industries. Its website is not available for analysis.

Financially, Lions Logistics Ltd presents a mixed picture. While current assets increased by 33% to £1,600,000, net assets experienced a significant drop of 85%, settling at just £110,000. Bank borrowings rose substantially by 15%, reaching £3,000,000, while cash reserves decreased by 19% to £98,000. Trade debtors have increased by 40%, suggesting a potential issue with customer payments. Creditors have also increased by 30%, which could be a result of increased stock levels. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is concerning. No auditor is mentioned, indicating exemption as a small company, and the figures are unaudited.

The company's increased bank borrowings and decreased cash reserves suggest it may be burning through money, although the rise in trade debtors could indicate a temporary cash flow issue. The significant drop in equity is a cause for concern, but the company’s solid Google rating and focus on vehicle parts and accessories could provide a foundation for future growth.

Registered in England/Wales under the registration number 10000641, with a registered address at B24 0RD, England, Birmingham, Unit 24 Chester Road.

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