Ljf Powder Coating Limited

Ljf Powder Coating Ltd from Aberdeen UK: a small, holding company with an active status, was founded 25 years ago. The company employs 29 people and holds £2,403,946 in assets. It operates from a virtual address – a bit odd, as 419 other companies are registered at the same location – and is managed by one director and one owner. Google users rate it 4.0 out of 5 based on five reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with just one month of imports recorded as of March 2022.

The company’s website highlights its comprehensive selection of custom coatings for all sectors of industry. Located in Aberdeen, Ljf Powder Coating Ltd boasts large workshops with blasting bays, spray booths, and bake ovens. It emphasizes exceeding customer expectations and strives for excellence since 1999, serving both local and national clients, including major oil and gas companies. The company’s mission is to deliver high-quality coatings on time and on budget, while maintaining a safety-first culture.

Financially, Ljf Powder Coating Ltd shows some concerning trends. Current assets have fallen dramatically, dropping 47% to £2,400,000. Debtor’s have also plummeted, decreasing 57% to £1,700,000. Equity has suffered too, dropping 53% to £2,200,000. Bank borrowings have remained steady, however, and creditors have decreased by 19%, suggesting a slight improvement in debt management. The company’s small size – meeting two of three conditions for being classified as small – helps it remain agile, but the sharp decline in assets and equity raises questions about its financial health. The company is exempt from an audit as a small company, so the figures are unaudited. It’s possible these trends are typical for a holding company, but further investigation would be needed to fully understand the situation.

Registered in Scotland under the registration number SC199146, with a registered address at AB10 1UT, Scotland, Aberdeen, 5 Carden Place.

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