Lloyd Specialist Developments Limited

Lloyd Specialist Developments Ltd, based in Warminster, UK, is a small, family-run business with an active status. Founded 14 years ago, it employs seven people and holds £164,716 in assets. The company operates from a real address and is led by two directors and two owners. It’s a bit irregular when it comes to imports and exports, bringing in vehicles, parts, and accessories for a month in 2020 and shipping electrical machinery and equipment for a month in 2021.

The company's website paints a picture of a specialist workshop catering to classic and specialist vehicles, particularly Rover V8s and TVRs. It offers a wide range of services, from engine tuning and restoration to suspension upgrades and supercharger conversions. The website emphasizes a team of professional, qualified automotive and aerospace engineers—enthusiasts themselves—and highlights a Dyno testing facility with superior accuracy. It even sells its own book on Rover V8 engine tuning. The site is full of interesting projects, like a 6-wheel drive SteyrPuch Pinzgauer and a Mad Max-inspired Ford Falcon XB GT.

Financially, Lloyd Specialist Developments Ltd shows some interesting trends. Accumulated depreciation increased by 4.2%, and bank borrowings decreased by 28.0%, which is good. Cash bank on hand, however, jumped 130%, a significant boost. Creditors decreased by 21%, suggesting improved debt management. Despite a decrease in average number of employees by 14%, net assets increased by 19%, a positive sign. Trade debtors decreased by 46%, which could indicate quicker payments from customers. 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 changes in debt and employee numbers warrant a closer look. The financial statements are unaudited, as is typical for small companies.

Registered in England/Wales under the registration number 07506770, with a registered address at BA12 9DX, Warminster, Wiltshire, 55 Woodcock Road.

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