Lokwood Ltd.

Lokwood Ltd from London UK: small company, active status, founded 6 years ago, £93,715 assets, virtual address, 1 director, 1 owner, solo founder. Regular importer of toys, games, and sports equipment (4 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £93,715. The company operates in the non-specialised wholesale trade, the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company is a regular importer, with its top import category being Toys, games, and sports equipment, totaling 4 months of imports. The last import operation was conducted on June 01, 2021. Lockwood Lockwood Group of Companies’ website highlights a broader range of services beyond the import business. It’s a medium sized family owned company with a head office based in Ambergate, Derbyshire. Lockwood Haulage offers haulage, warehousing, and contract packing services, catering to various business sectors. They boast over 600,000 square feet of state-of-the-art warehousing across key locations and offer value-added services like order picking and labeling. The site also features news updates, celebrating 60 years of the Lockwood Group and highlighting participation in industry challenges. The company’s website is very professional and well-designed.

Financially, Lokwood Ltd shows a mixed picture. Current assets increased by 69%, to £94,000, while bank cash reserves rose significantly, 210% to £71,000. However, net assets still remain low at £3,400. Trade debtors decreased dramatically, falling by 95%, to just £1,300, which could indicate improved collections or a shift in credit terms. Creditors, however, increased by 110%, reaching £43,000, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the large increase in creditors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It seems like the company is doing okay, but needs to manage its debts.

Registered in England/Wales under the registration number 11743041, with a registered address at SW19 2RR, United Kingdom, London, Office 9, Dalton House, 60 Windsor Avenue.

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