Lothian Renewables Ltd

Lothian Renewables Ltd, based in Dalkeith, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2012, the company employs just one person and holds £4,837 in assets. Operating from a virtual address – where fifty-five other companies are also registered – it's led by one director and two owners. The company is a irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports. The last import operation was conducted on February 01, 2022.

The company’s website is unavailable, making it difficult to ascertain its online presence or specific business model. However, it operates within the “other specialised construction activities n.e.c.” industries, suggesting a focus on niche construction services.

Financially, Lothian Renewables Ltd presents a mixed picture. Current assets have decreased significantly, dropping by 32% to £4,800. Bank cash has also fallen by 53% to £2,300. However, creditors have also decreased by 36%, which could indicate improved debt management. The company’s small size – meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for flexibility, but the decline in equity and net assets is noticeable. With no auditor mentioned, the figures are unaudited.

The company's financial data also reveals a sharp increase in debtors, up 43% to £1,300. This could be due to a few large customers delaying payments, or perhaps the company has extended credit terms to attract new business. It’s also worth noting that fixed assets have increased by a staggering 570%, to £6,500, which might be from new equipment purchases. Overall, Lothian Renewables Ltd seems to be navigating a challenging financial landscape, but its small size and family ownership could be key to its long-term survival.

Registered in Scotland under the registration number SC419550, with a registered address at EH22 3NX, Scotland, Dalkeith, Office 2 30/2 Eskbank Office Complex, Hardengreen Industrial Estate.

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