Lorenco Products Limited

Lorenco Products Ltd, based in Brierley Hill, UK, is a small, active family business established 21 years ago. With three employees and £371,592 in assets, it operates from a real address and is overseen by three directors and two owners. The company enjoys a stellar 5.0-star Google rating based on one review, and regularly imports miscellaneous metal items – the last import operation was made in April 2024.

The company's website indicates a focus on architectural ironmongery wholesale and OEM locks, profile cylinders. It also mentions a unit on Bull Street Industrial Estate. The website states "Coming soon..." and provides contact details including a telephone number and email address.

Financially, Lorenco Products Ltd’s numbers show some interesting trends. Current assets increased by 7% to £370,000, while net assets fell by 14% to £150,000. Trade debtors increased significantly by 93%, which could indicate growth in sales but also potential challenges in collecting payments. Bank borrowings decreased by 75%, which is a positive sign, and creditors increased by 15%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity suggests a need for careful financial management. No auditor is mentioned, as is common for small companies.

Overall, Lorenco Products Ltd appears to be a well-regarded, family-run business, but the financial data suggests a period of transition. The company’s focus on specialized metal items and its architectural ironmongery services could be key to its continued success.

Registered in England/Wales under the registration number 04918642, with a registered address at DY5 3RA, Brierley Hill, West Midlands, Unit D Bull Street Ind Estate Bull Street, Silver End.

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