Load Monitoring Systems Limited

Load Monitoring Systems Limited, based in Bridge Of Don, UK, is a small holding company with an active status, established eight years ago in 2016. The company employs 18 people and operates from a real address shared by only two other businesses, suggesting a genuine presence. Two directors, recently changed, and one owner oversee operations, with Pewag International Gmbh owning the company. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 18 months of import activity, and exports electrical machinery and equipment, with 15 months of export activity.

The company’s website, while not providing detailed e-commerce functionality, highlights its focus on electronic measuring and testing equipment, specifically for industrial applications. It's not a retail-focused business, but rather a manufacturer supplying specialized equipment.

Financially, Load Monitoring Systems Limited presents a mixed picture. Net assets have increased significantly, jumping 63% to £2.1 million. However, bank borrowings have decreased by 21%, reaching £150,000, and cash reserves have increased by 96%, reaching £380,000. Creditors have increased by 120%, reaching £840,000, while debtors have increased by 93%, reaching £1 million. The company's small size—meeting two of three conditions for being a small company—helps it remain agile. The increase in income from related parties, from £740 to £30,000, is a notable shift. The company's accounts are audited by Hall Morrice LLP.

Overall, Load Monitoring Systems Limited appears to be in a stable position, with increased assets and cash reserves. The increase in creditors and debtors suggests a growing business, but it’s important to monitor these trends to ensure sustainable growth. The company’s focus on specialized equipment and its connection to Pewag International Gmbh provide a solid foundation for continued success.

Registered in Scotland under the registration number SC537145, with a registered address at AB23 8GD, Scotland, Bridge Of Don, Aberdeen, Lms House Claymore Drive, Aberdeen Science And Energy Park.

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