Lombard Shipping Plc

Lombard Shipping Plc, based in Ipswich, UK, is a large, holding company with an active status, having operated for 39 years. The company employs 87 people and holds assets totaling £4,321,688. With five directors and one owner, it operates from a real address and is a regular importer of electrical machinery and equipment (imported for 3 months) and a regular exporter of machinery, boilers, and mechanical appliances; parts (exported for 105 months).

The company’s website paints a picture of a full-service logistics provider, offering both domestic and international shipping solutions. They emphasize partnerships with clients, a heritage in shipping, and membership in the Fortec Distribution Network. Locations are listed across the UK, including Ipswich, Norwich, Huddersfield, Liverpool, Belfast, and Dublin, suggesting a wide geographic reach. News articles highlight investments in new vehicles and participation in industry events, showcasing a commitment to modernization and visibility. The website doesn's seem to be e-commerce focused, but rather a service provider.

Financially, Lombard Shipping Plc shows a mixed picture. Current assets increased by 15%, reaching £4,300,000, while net assets grew by 15%, reaching £2,600,000. Bank borrowings decreased by 100%, eliminating all outstanding debt—a positive sign. However, cash reserves decreased by 55%, dropping to £1,200,000. Creditors decreased by 15%, suggesting improved debt management. The company meets two of three criteria to be considered a large company (turnover over £36 million, balance sheet total over £18 million, and more than 250 employees). The company’s auditor is BG Audit LLP.

The decrease in cash reserves, despite increased assets, could indicate increased operational expenses or investments in growth. The elimination of bank borrowings is a significant achievement, demonstrating financial discipline. The company’s continued growth in assets and revenue, coupled with a strong network of locations, suggests a stable and potentially expanding business—though close monitoring of cash flow will be important going forward.

Registered in England/Wales under the registration number 01953010, with a registered address at IP1 5SF, Ipswich, Suffolk, Lombard House Whitehouse Business Centre, Lovetofts Drive.

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