Lotan Limited

Lotan Ltd from Leicester, UK, is a sizable, holding company with an active status, having been established 39 years ago in 1985. Employing 53 people, the company holds assets worth £17,237,596 and generates yearly revenue of £21,758,080. It’s a real address, with three directors and one owner, and boasts an impressive Google rating of 5.0 based on three reviews. The company regularly imports and exports aluminum and aluminum products, with 70 months of import activity and 46 months of export activity recorded.

The company operates in the manufacture of plastic packing goods industries. Its website, while currently under construction ("Full website coming soon.. welcome"), indicates a focus on manufacturing plastic containers, with contact information and a telephone number provided. It seems to be a traditional, B2B operation rather than a direct-to-consumer e-commerce business.

Financially, Lotan Ltd appears to be in a relatively stable position, although some trends warrant closer examination. Cash bank on hand increased by 12% to £13 million, while turnover decreased by 11% to £22 million. Creditors decreased by 17%, suggesting improved debt management. However, administrative expenses increased by 17% to £1.7 million, and net assets remained unchanged. The company’s size (meeting two of three criteria for a large company) suggests it has the resources to weather short-term fluctuations. The company’s auditor, Charnwood Accountants & Business Advisors LLP, has provided an audit opinion.

While the company's financial health seems okay, the decrease in turnover could be a cause for concern. It’s possible that increased competition or changing market conditions are impacting sales. The increase in administrative expenses also needs to be monitored to ensure that costs are under control.

Registered in England/Wales under the registration number 01948114, with a registered address at LE4 2BQ, Leicester, 2 Ashton Close.

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