Loowatt Ltd

Loowatt Ltd, a small company based in London, UK, has been active for fifteen years, employing eight people and holding assets of £910,940. Founded in 2009, the company operates from a virtual address, a detail that’s worth noting as ten companies are registered at the same location. It’s run by six directors, but there are no reported owners—a common arrangement for smaller businesses. Loowatt’s core business involves importing machinery, boilers, and mechanical appliances (parts for three months) and exporting plastics and plastic products (also for three months).

The company’s website reveals a fascinating mission: providing contemporary urban and portable toilet systems. It focuses on scalable, circular economy solutions, starting with a great toilet experience. Loowatt offers manual flush toilets for off-grid applications and electric flush toilets for glamping, hospitality, and events. The website details a closed-loop waste management system designed to minimize environmental impact and maximize the power of waste. It even highlights partnerships with grant funding organizations and certifications from industry bodies.

Financially, Loowatt Ltd’s recent performance presents a mixed picture. Current assets have decreased by 19%, dropping to £910,000. Bank borrowings have remained stable at £560,000, while cash reserves have plummeted by 84%, leaving just £57,000. Debtor levels have risen slightly, while creditors have fallen, suggesting some improvements in debt management. Equity has also taken a hit, decreasing by 89%, which is a significant decline. The company’s small size (meeting two of three criteria for being small) helps it remain nimble, but the sharp drop in equity warrants attention. As a small company, Loowatt is exempt from an audit, so the figures are unaudited.

Overall, Loowatt Ltd appears to be navigating a challenging period. While its innovative toilet systems and partnerships suggest a strong foundation, the financial data indicates a need to manage cash flow and address the decline in equity.

Registered in England/Wales under the registration number 07082726, with a registered address at SW9 8LA, England, London, Impact Brixton, Electric Lane.

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