Lowe Engineering Limited

Lowe Engineering Ltd from Leeds UK is a small, active company founded 21 years ago. With 9 employees and £660,342 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports and exports optical and medical tools and devices, with 8 months of import activity and 23 months of export activity recorded.

Lowe Engineering Ltd falls into the "small company" category, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. While the company's financial statements are unaudited, a review of recent data reveals some interesting trends. For example, bank borrowings have increased significantly, jumping 670% to £160, while cash reserves have grown a healthy 72% to £240,000. Creditors have also increased, rising 63% to £280,000, which could be a result of increased business activity. Net assets have increased by 14% to £390,000.

The company operates in the manufacture of doors and windows of metal, the manufacture of other fabricated metal products n.e.c., the manufacture of non-electronic industrial process control equipment, and other professional, scientific, and technical activities n.e.c. industries. It's a regular importer, with its top import category being Optical and medical tools and devices, totaling 8 months of imports. The company is also a regular exporter, with its top export categories including Optical and medical tools and devices, totaling 23 of months exports.

The financial data suggests a company experiencing growth, with increased cash reserves and assets. However, the rise in bank borrowings and creditors indicates a need for careful financial management. The company's small size allows for agility, but the need to manage debt effectively will be key to its long-term success.

Registered in England/Wales under the registration number 04751609, with a registered address at LS10 1NT, Leeds, West Yorkshire, Unit 3b Kitson Road.

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