Lmat Limited

Lmat Ltd from Bristol UK: a small, active company founded 15 years ago, employs four people, and holds £1,357,600 in assets. It’s a real address with two directors and one owner, and an irregular importer of optical and medical tools and devices, with its last import operation in January 2022. The company operates in the specialised design activities industries.

The website, lmatuk.com, showcases a range of services including process simulation, material characterisation, and engineering solutions. It’s clear they’re focused on helping companies improve their tooling processes—offering software, consultancy, and project support. They even have a dedicated section for automation. The site highlights benefits like accurate components, reduced risk, and cost savings. It's a B2B operation, not an e-commerce site. The company’s registered address is Unit A3 Vantage Park, Bristol, and they’re VAT registered.

Financially, Lmat Ltd presents a mixed picture. While cash bank on hand dropped by 9% to £1,000,000, current assets increased by 16% to £1,400,000. Debtor values have increased dramatically, by 3000% to £300,000. However, accumulated depreciation on plant and machinery increased by 43%, indicating investment in equipment. Average number of employees has also increased by 50%, from four to six, which could explain the increased costs. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is likely due to the company’s small size.

The increase in debtors and the decrease in cash reserves could indicate challenges in collecting payments or increased operating expenses. The company’s growth in employees suggests they’re expanding their operations, but it’s important to monitor their financial health closely. It seems like they're doing well, but they need to keep an eye on their cash flow.

Registered in England/Wales under the registration number 07059074, with a registered address at BS9 3RJ, Bristol, Avon, 128 Stoke Lane, Westbury On Trym.

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