Ls Electronics Group Limited

Ls Electronics Group Ltd, based in Eastwood, Nottingham, is a small, active company founded 22 years ago. With 25 employees and £827,482 in assets, it’s a well-established player in the electronics industry. The company operates from a real address and is led by two directors, with one owner, Lomax Tim David. It’s a regular importer and exporter of electrical machinery and equipment, with 41 months of import activity and 8 months of export activity recorded.

The company’s website highlights its core business: electronics design and manufacture. Ls Electronics Group offers a full spectrum of services, from concept to realisation, including PCB design, firmware development, prototyping, and contract electronics manufacturing. It even has its own in-house manufacturing facility, allowing for efficient development and market-ready concepts. The website’s emphasis on being a "one-stop solution" suggests a commitment to providing comprehensive support to clients.

Financially, Ls Electronics Group Ltd presents a mixed picture. While current assets increased by 19% to £830,000, net assets saw a substantial 49% jump to £430,000. Bank borrowings decreased significantly by 38%, falling to £83,000, and cash reserves increased dramatically by 620% to £180,000—a very positive sign. However, trade debtors decreased by 21%, suggesting a possible slowdown in customer payments. Creditors also decreased by 38%, which is good, but other debtors fell by 84%, which is concerning. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the fluctuations in debtor and creditor balances warrant attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Ls Electronics Group Ltd appears to be in a reasonably healthy position, with strong cash reserves and a growing asset base. However, the company should monitor its debtor collection and address the decline in other debtors to ensure continued financial stability.

Registered in England/Wales under the registration number 04473417, with a registered address at NG16 3SL, Nottingham, 3 Meadowbank Court, Eastwood.

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