Lns Turbo Uk Ltd

Lns Turbo Uk Ltd from Barnsley UK is a large company, holding company, and active status, founded 27 years ago. With 79 employees and £3,892,185 in assets, the company reported £11,288,049 in yearly revenue. It has a real address, one director, and one owner, and a Google rating of 3.0 based on three reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts (327 months imported), and exports the same (181 months exported).

The company operates in the manufacture of other special-purpose machinery n.e.c. industries. It's a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. It’s a regular importer and exporter, with its top categories being machinery and parts.

Financially, Lns Turbo Uk Ltd shows a mixed picture. Current assets decreased by 3.7% to £3,900,000, while net assets fell 20% to £1,000,000. Bank borrowings increased by 61%, reaching £1,200,000, and cash reserves decreased by 10% to £720,000. Creditors decreased by 29%, suggesting better debt management. The company’s size helps it stay agile, but the equity drop raises questions. There was no auditor mentioned.

The company's net loss deepened significantly, from -£230,000 to £960,000. This suggests increased expenses or decreased revenue. The increase in bank borrowings could be a sign of investment or a need to cover shortfalls. The decrease in cash reserves is concerning, but the reduction in creditors is a positive sign. Overall, Lns Turbo Uk Ltd seems to be facing some financial challenges, but its established position in the market and its regular import/export activity could help it weather the storm.

Registered in England/Wales under the registration number 03503010, with a registered address at S73 0BB, Barnsley, South Yorkshire, Waterside Park, Valley Way, Wombwell.

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