Lpw (europe) Ltd

Lpw Europe Ltd, based in Wakefield, UK, is a sizable holding company with an active status, having been incorporated seventeen years ago in 2007. Employing ninety-two people, the company holds £4,334,570 in assets and generates £14,488,632 in yearly revenue. It operates from a virtual address, a detail highlighted by the fact fourteen companies share the same registration location. The business is led by three directors and has one owner, and it runs an e-commerce site. It’s an irregular importer of furniture, lighting, and prefabricated buildings (imported for one month), and an irregular exporter of vehicles, parts, and accessories (exported for two months).

The company’s website reveals a broader scope of operations, with a focus on truckwash, tankwash, and mobile fleet cleaning services. It also operates a division specializing in high-end piano restoration, even boasting a showroom in Harrods. This division, 1066 Pianos, has been around since 1975, and it’s celebrating its 50th anniversary.

Financially, Lpw Europe Ltd presents a mixed picture. Current assets increased by 13%, reaching £4,300,000, while net assets increased by 18%, reaching £1,400,000. Bank borrowings decreased by 100%, falling to zero, and cash reserves increased by 13%, reaching £570,000. Creditors decreased by 7%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, and the lack of an auditor mentioned suggests it’s exempt from a full audit.

The company’s significant increase in deferred tax liabilities, from £92,000 to £160,000, could indicate changes in tax planning or accounting practices. The decrease in staff numbers, from ninety-two to eighty-seven, may be a reflection of cost-cutting measures or restructuring. While the company's revenue is substantial, the increase in exceptional items and losses could be a cause for concern.

Registered in England/Wales under the registration number 06381094, with a registered address at WF2 7BJ, England, Wakefield, West Yorkshire, 5 Navigation Court, Calder Park.

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