Lochway Limited

Lochway Limited, based in Carluke, UK, is a small, active company established 33 years ago. With four employees and £297,383 in assets, it’s a modest operation overseen by three directors and a single owner. The company holds a respectable Google rating of 4.0 based on 233 reviews, indicating a positive customer experience. It’s an irregular importer, primarily dealing in coffee, tea, mate, and spices, with its last import activity recorded a little over a year ago in November 2022.

The company operates in the licensed restaurant industry, and its website, while not providing detailed e-commerce functionality, suggests a focus on high-quality dining experiences. It’s unclear whether the website is actively used for online orders or primarily serves as an informational portal.

Financially, Lochway Limited's recent performance shows some concerning trends. While bank borrowings decreased by a substantial 41%, cash reserves have fallen by 15% to £300,000. Net assets have also declined by 13%, settling at £270,000. Creditors have decreased by 41%, which is a positive sign, but the drop in cash and net assets suggests the company may be facing liquidity challenges. The number of employees has also seen a significant decrease, dropping by 50% to just two people. This could be due to restructuring or a slowdown in business activity. The company meets the criteria to be considered small, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. As a small company, it's exempt from a full audit, so the financial statements are unaudited.

Overall, Lochway Limited appears to be navigating a period of change. While its Google rating suggests customer satisfaction, the financial data indicates a need for careful management to ensure long-term stability.

Registered in Scotland under the registration number SC137138, with a registered address at ML8 4PU, Carluke, Lanarkshire, 9 Lanark Road, Braidwood.

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