Lloyd Acoustics Limited

Lloyd Acoustics Limited, based in Craigavon, UK, is a small, active company founded 33 years ago in 1991. Employing 21 people, the company holds £2,396,850 in assets and operates from a real address in Moira, Co Armagh. With three directors and a solo founder, Dillon Nigel Herbert Joseph, at the helm, it maintains a Google rating of 3.0 based on two reviews. The company is a regular importer, primarily of optical and medical tools and devices, with its last import operation recorded in June 2024.

Lloyds Datum Group, the parent company, provides testing, civil, plant, and monitoring services across Ireland and the UK. It’s built on the foundations of three previous entities: LDG Lloyds, LDG Datums, and Lloyds Testing. The group specializes in pile foundation testing, civil engineering, geotechnical monitoring, and structural assessments, catering to construction and civil engineering clients. Its services include custom, state-of-the-art systems and plant, with a growing range of high-quality, flexible services. The website showcases projects like Harcourt Square Dublin, Timahoe North Solar Farm, and the Northern Spire Bridge Sunderland, highlighting its involvement in significant infrastructure projects.

Financially, Lloyd Acoustics Limited presents a mixed picture. Cash bank on hand decreased by 18% to £1,300,000, while current assets increased by 10% to £2,400,000. However, trade debtors have risen sharply by 77% to £1,100,000, which could indicate challenges in collecting payments. The company's equity grew by 15% to £2,700,000, but bank borrowings increased significantly by 190% to £290,000. The number of employees decreased slightly to 19. As a small company, it’s exempt from an audit, relying on unaudited accounts. The decrease in depreciation impairment property plant equipment by 33% may suggest a reduction in capital expenditure. Overall, Lloyd Acoustics Limited seems to be holding its own, but the increase in debt warrants closer monitoring.

Registered in Northern Ireland under the registration number NI025700, with a registered address at BT67 0HZ, Northern Ireland, Craigavon, Co Armagh, 2 Moyrusk Road, Moira.

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