London Bridge Ltd
- Small
- Active
- 8 years
- 2 employees
- £59,931 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
London Bridge Ltd is a small, active company based in Maidenhead, UK, founded seven years ago in 2017. It employs just two people and holds £59,931 in assets. The company operates under the sole direction of Sidar Kemal, who is also the owner and solo founder. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings – with nine months of import activity recorded, the last in March 2024.
The company’s core business is providing sales consultancy services to UK and international clients, helping them access the UK market. Their website, London Bridge Project (LBP), highlights a proven, comprehensive product and management service, focusing on direct sales, sales support, and leveraging 15 years of experience in international business development. They work with clients in both the public and private sectors, and their testimonials boast improved market preparation, increased sales, and cost reduction through incentive applications. The company has offices in Maidenhead and Istanbul.
Financially, London Bridge Ltd’s recent performance presents a mixed picture. Current assets have fallen significantly by 41% to £60,000, and net assets have plummeted by a staggering 260%, landing at -£19,000. Bank borrowings have also decreased, and cash reserves have dropped by 87% to just £5,600. While creditors have decreased by 37%, the substantial equity decline is concerning. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 75 employees. There is no auditor mentioned, likely due to the small company exemption.
The company’s financial data shows a concerning trend, with losses increasing and cash reserves dwindling. While the consultancy service appears to be well-regarded, the financial strain suggests the company is burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company's reliance on its sales expertise and international network will be crucial for its future success.
Registered in England/Wales under the registration number 10796290, with a registered address at SL6 1AN, England, Maidenhead, 14 Kingsquarter.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-04-30Download 9 pages pdf report
-
Confirmation statement made on 2024-09-16 with updatesDownload 4 pages pdf report
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Director's details changed for Mr Kemal Sidar on 2024-09-13Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about London Bridge Ltd
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