Lockdale Coins Ltd

Lockdale Coins Ltd, based in Norwich, UK, is a small, active company established 29 years ago. With 19 employees and £1,200,257 in assets, it operates from a virtual address—a detail worth noting as 26 companies share the same location. The company is led by two directors and has one owner, though the owner list hasn’t been updated in nine years.

Lockdale Coins Ltd’s core business revolves around auctioneering, as evidenced by its website, Lockdales Auctioneers. The site showcases a busy schedule of auctions, specializing in jewellery, watches, silver, and banknotes, with a focus on specialist auctions and valuation days held at various locations across Suffolk and beyond. The website also highlights the company’s expertise in piano restoration, hinting at a connection to a separate, high-end venture. It's a busy place, with a lot of upcoming events and recent highlights listed.

Financially, Lockdale Coins Ltd appears to be in a healthy state. Current assets have increased by 28% to £1,200,000, while net assets have seen a significant boost of 25%, reaching £1,200,000. Cash reserves have also grown by 39%, reaching £920,000. Trade debtors have remained relatively stable, and creditors have increased by 48%. The company's small size—meeting two of three conditions for being classified as small—allows for flexibility. The accounts are abridged and unaudited, which is common for companies of this size.

While the company is importing art and antiques for two months and exporting jewelry, precious stones, and metals for two months, the financial data suggests a stable and growing business. The company's continued operation and the growth in assets indicate a solid foundation, even with the challenges of a virtual address and irregular import/export activity.

Registered in England/Wales under the registration number 03188310, with a registered address at NR3 1HG, England, Norwich, Norfolk, Towlers Court, 30a Elm Hill.

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