Lojer Products Limited

Lojer Products Ltd, based in Great Yarmouth, UK, is a small, holding company with an active status, established 38 years ago. The company employs three people and holds assets valued at £54,330. With three directors and one owner, it operates from a real address and has been importing electrical machinery and equipment for 18 months, while exporting for 5 months.

The company specializes in distributing and acting as an agent for specific electrical components, boasting over 30 years of experience in industrial heaters, DC geared motors, and temperature controllers. It supplies both standard and custom-made cartridge heaters, alongside professional-grade DC geared motors and PID temperature controllers, offering solutions for various industrial applications. The company’s website directs customers to separate sites for each product category: cartridge heaters, DC geared motors, and temperature controllers, each with its own contact information and specialized content.

Financially, Lojer Products Ltd presents a mixed picture. While current assets have increased by 46% to £54,000, equity has dramatically decreased by 240% to -£31,000. Creditors have surged by 450% to £86,000, indicating a reliance on borrowing. Cash bank on hand remains steady at £34,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant equity decline suggests potential financial strain. The company’s unaudited financial statements, prepared by JDC Chartered Accountants and Business Advisors, are exempt from audit due to its size.

Despite the concerning equity drop, the company’s consistent import and export activity—particularly in electrical machinery—suggests ongoing business operations. It’s likely the company is burning through cash to fund growth, but whether this is sustainable remains to be seen.

Registered in England/Wales under the registration number 02125536, with a registered address at NR31 0LY, England, Great Yarmouth, 5-7 Boundary Road, Harfreys Industrial Estate.

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