L.m. Products Limited

Lm Products Ltd, based in the West Midlands, UK, is a well-established company with a 42-year history. It’s a large holding company, currently active, and employs 45 people. With assets totaling £6,461,850 and yearly revenue of £12,179,049, it's a significant player in its sector. The company, overseen by three directors and one owner, maintains a real address and boasts a strong 4.0 Google rating from 40 reviews. Lm Products is known for importing machinery, boilers, and mechanical appliances—parts, for eight months of the year, and exporting iron or steel products for four months.

The company’s website paints a picture of a comprehensive supplier of construction products. It’s not an e-commerce site, but rather a catalogue of services and products aimed at construction professionals. Lm Products offers a wide range of items, from steel reinforcement and concrete accessories to formwork products and engineering solutions. They even provide services like bespoke fabrication and geotechnical fixing. The site’s detailed product listings and technical specifications suggest a focus on providing expert advice and support to its customers.

Financially, Lm Products Ltd’s report shows some interesting trends. Accrued liabilities decreased by 11%, which is a good sign. However, depreciation for computer equipment increased by 14%, and motor vehicle depreciation grew by 63%, suggesting investment in new equipment. Administrative expenses decreased significantly, by 36%, which could be a result of cost-cutting measures. Most notably, cash bank on hand increased dramatically, by 600%, to £2.2 million—a very positive development. However, the company’s turnover decreased by 35%, dropping to £12 million, and net assets fell by 2.4% to £4 million. The company’s director remuneration increased by 41%, which could be due to performance-based bonuses. The report doesn’t mention an auditor, which is likely due to its size.

Overall, Lm Products Ltd appears to be navigating a changing market. The increased cash reserves and reduced expenses are encouraging, but the decline in turnover warrants closer attention. The company’s long history and broad product range suggest resilience, but adapting to evolving customer needs will be crucial for future success.

Registered in England/Wales under the registration number 01707390, with a registered address at B69 3EX, West Midlands, Unit 10 Union Road, Oldbury.

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