Lmk Thermosafe Limited

Lmk Thermosafe Limited, based in Haverhill, UK, is a small, active company established 25 years ago. With 19 employees and assets totaling £3,097,939, it’s a well-established player in its sector. The company, which has three directors and a single owner, operates from a real address and has a long history of importing and exporting electrical machinery and equipment – 14 months of imports and 153 months of exports, respectively.

The company’s core business revolves around the manufacture of other electrical equipment. It’s a small company, meeting two of the three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website is not available, so it's difficult to know if they operate an e-commerce site.

Financially, Lmk Thermosafe Limited appears to be in a reasonably healthy position. Cash bank on hand increased significantly by 33%, rising to £1.4 million, while current assets also saw a healthy increase of 24%, reaching £3.1 million. Trade debtors also grew by 48%, suggesting increased sales. However, accumulated depreciation impairment for property, plant, and equipment rose by 11%, indicating increased wear and tear on assets. A notable decrease in creditors by 85% suggests improved debt management.

The company's net assets grew by 22%, reaching £3.1 million, and the company’s equity increased by 22%, reaching £3.1 million. The company’s bank borrowings increased by 2400%, reaching £29,000. The company’s fixed assets decreased by 15%, reaching £330,000.

The company is exempt from an audit, so the financial statements are unaudited. Overall, Lmk Thermosafe Limited seems to be performing well, with strong asset growth and improved cash flow. The increased depreciation, however, warrants monitoring in the coming years.

Registered in England/Wales under the registration number 03959310, with a registered address at CB9 7AA, Haverhill, Suffolk, 9-10 Moonhall Business Park.

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