Lm Ground Facilities Ltd

Lm Ground Facilities Ltd is a small, active company based in Hemel Hempstead, UK, founded ten years ago in 2015. With £1,038,382 in assets and a real registered address, it employs four people and is managed by two directors and owners. The company is an irregular importer, specializing in machinery, boilers, and mechanical appliances; parts, with its last import operation recorded one month ago in February 2023.

The company’s website, lmgroundfacilities.co.uk, showcases its expertise as piling and groundwork specialists. They offer a range of services, including piling, foundations, groundworks, basement waterproofing, drainage, and equipment hire, catering to both commercial and domestic clients. The site highlights over twenty years of experience and emphasizes quality service, on-time project delivery, and free, no-obligation quotes. They also have a blog with helpful articles on relevant topics.

Financially, Lm Ground Facilities Ltd shows a mixed picture. While current assets remained relatively stable at around £1 million, bank borrowings decreased by 14% to £910,000, suggesting a reduction in reliance on external financing. Creditors also decreased, indicating improved debt management. However, net assets increased by 14% to £1 million, and cash reserves grew by 81% to £110,000. Property plant and equipment has also increased, which is good for the company. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in property plant and equipment may be a sign of future investment. With no auditor mentioned, the financial statements are unaudited.

Overall, Lm Ground Facilities Ltd appears to be a stable, albeit small, company. Its focus on specialized groundwork services and commitment to customer satisfaction position it well for continued success, although future growth will depend on maintaining its financial health and adapting to market changes.

Registered in England/Wales under the registration number 09555606, with a registered address at HP1 1JW, England, Hemel Hempstead, 162 Cotterells.

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