Live Oak Ltd

Live Oak Ltd from Sheffield UK is a small, active company founded fifteen years ago. It employs eight people and holds £1,348,470 in assets, operating from a virtual address shared by many other businesses. With four directors and four owners, the company is an irregular importer of electrical machinery and equipment, having imported for two months with the last operation in December 2023.

The company operates in the information technology consultancy activities industries and manages a company called Lokw Llp. Its registration address is Charlotte House, but the fact that 120 companies are registered at the same address suggests a virtual address.

Financially, Live Oak Ltd shows some interesting trends. Cash bank on hand increased significantly by 49% to £940,000, a positive sign. However, debtors decreased by a substantial 29% to £410,000, which could indicate difficulties in collecting payments. Creditors also decreased by 13% to £47,000. Equity increased by 13% to £1,300,000. Despite a decrease in fixed assets by 50%, the company's net assets increased by 13% to £1,300,000. The company is a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The unaudited financial statements, prepared with CCH Software, show a company that’s holding its own but facing some challenges in managing its receivables. The lack of an auditor mentioned likely reflects its status as a small company exempt from an audit.

Registered in England/Wales under the registration number 06996393, with a registered address at S2 4ER, England, Sheffield, South Yorkshire, Charlotte House, 500 Charlotte Road.

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