Lotus Corporation Limited

Lotus Corporation Ltd, from Birmingham UK, is a small holding company with an active status, established 22 years ago in 2003. The company employs just three people and holds assets totaling £240,740. It operates from a virtual address, registered with 266 other companies, and is overseen by two directors and one owner.

Lotus Corporation Ltd functions as a retailer, selling via mail order and the internet, and provides business support services. Its website highlights a focus on communication and technology products, specializing in mobile phones, tablets, wireless routers, and other consumer electronics. The business caters to both individual consumers and corporate clients, even offering piano restoration services through a separate division.

Financially, Lotus Corporation Ltd has seen some shifts. Current assets have decreased by 32% to £240,000, while net assets have fallen 5.8% to £750. Bank borrowings have increased by 11%, reaching £15,000, and cash reserves have dropped significantly by 54% to £18,000. Creditors have also decreased by 43%, which could indicate improved debt management. The company’s small size, meeting two of three conditions for being classified as small, helps it remain flexible, but the drop in equity is something to keep an eye on. No auditor is mentioned, so the figures are unaudited.

Overall, Lotus Corporation Ltd seems to be navigating a period of change. The business has a solid foundation in retail and technology, but the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 04729793, with a registered address at B16 8SP, United Kingdom, Birmingham, Sterling House, 71 Francis Road, Edgbaston,.

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