Lmw Online Ltd

LMW Online Ltd is a small, active company based in London, UK, established seven years ago in 2017. With a single employee and £60,141 in assets, it operates from a virtual address shared by thirteen other companies. Led by a single director and owner, Mason Louis, the company is a solo-founded venture. It’s a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website reveals a much larger industrial machinery manufacturer, LMW Limited (formerly Lakshmi Machine Works Limited). This business, with roots dating back to 1962, specializes in textile machinery, CNC machine tools, foundry products, and even components for the aerospace sector. It's a significant player in the Indian market and exports to Asian and Oceanic regions. News sections highlight participation in textile and machine tool exhibitions across China, India, and Uzbekistan. The website also showcases a subsidiary, LMW GLOBAL FZE, based in Dubai.

Financially, LMW Online Ltd presents a mixed picture. Current assets have decreased by 18% to £60,000, while net assets have fallen by 18% to £84,000. Cash bank on hand has plummeted 67% to just £11,000—a significant drop. Trade debtors have increased by 16%, suggesting a possible reliance on customer payments. Creditors have also risen, with both current and non-financial instruments increasing. Despite these challenges, the company’s small size allows for agility. The lack of an auditor is typical for a small company, and the financial statements are unaudited.

The relationship between the small LMW Online Ltd and the large, established LMW Limited is unclear. It's possible that LMW Online Ltd serves as a smaller, more focused arm of the larger machinery business, perhaps handling online sales or specific product lines. The financial trends suggest a company that is holding steady, but facing pressures—it's a little concerning, really.

Registered in England/Wales under the registration number 11089310, with a registered address at E17 4QX, England, London, 1-3 Jewel Road.

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