Lrs Associates Limited

Lrs Associates Ltd from Huntingdon UK is a small, active company founded 29 years ago. With four employees and £2,288,838 in assets, it operates from a virtual address, a fact highlighted by the presence of thirty companies registered at the same location. The company is led by three directors and owned by one person, Swain Peter, who is also the solo founder. Lrs Associates regularly imports and exports electrical machinery and equipment, with 180 months of import activity and three months of export activity recorded, the latest in January and February 2025 respectively.

The company’s website describes Lrs Associates as a family-owned business specializing in import, export, and product sourcing. It offers services for manufacturers seeking to source products or import preexisting goods. A key partnership is with CPak, a specialist in commercial electrical supplies, whose website is prominently featured. CPak operates from Kimbolton and even has a presence in London.

Financially, Lrs Associates Ltd shows a generally positive trend. Cash bank holdings increased by a substantial 15% to £1.3 million, and current assets grew by 6.6% to £2.3 million. Trade debtors increased slightly by 1.4% to £710,000. However, creditors decreased by 5.4% to £370,000. The company’s net assets increased by 8.4% to £2 million. Despite this, bank borrowings remained steady at £290,000. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The financial statements are unaudited, a common occurrence for small companies.

The company’s growth in cash and assets suggests a healthy financial position, despite the virtual address. The steady increase in debtors could indicate a need to manage customer payments more effectively, but overall, Lrs Associates Ltd appears to be financially stable and well-positioned for continued operation.

Registered in England/Wales under the registration number 03054012, with a registered address at PE19 8EP, United Kingdom, St. Neots, Cambridgeshire, 4 Fenice Court, Phoenix Business Park.

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