Ls Trading Mc/r Ltd

Ls Trading Mc/r Ltd, based in Ashton-Under-Lyne, UK, is a small, active company established eleven years ago. With a single employee and £22,253 in assets, it operates from a virtual address – ten other companies share the same location – and is managed by one director and owner, Maqsood Uzma. The company boasts a perfect 5.0 Google rating based on two reviews, suggesting high customer satisfaction.

The business focuses on wholesale and retail of clothing and footwear, as well as acting as agents for textile and leather goods industries. Its website, LMS Trading, features a range of products including gloves, skip nets, dust masks, and tarpaulins, primarily targeting industrial and safety-conscious buyers. The site functions as a straightforward e-commerce platform, with a focus on product listings and basic information, and no obvious signs of complex marketing or customer engagement features.

Financially, Ls Trading Mc/r Ltd presents a mixed picture. While finished goods inventory increased by 16% to £5,000, current assets dropped by a significant 26% to £16,000. Bank borrowings remained steady at £20,000, but cash reserves declined to £2,700. Perhaps most concerning is the sharp decrease in equity, plummeting 220% to -£13,000. Trade debtors also fell by 43% to £8,800. As a small company meeting two of three criteria (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), it's likely exempt from an audit, relying on unaudited accounts.

The company’s financial health appears to be under pressure, with losses growing and cash reserves dwindling. The lack of employees, combined with the negative equity, suggests a lean operation, but also potential challenges in sustaining growth. While the Google rating indicates a positive customer experience, the financial data raises questions about the company's long-term viability.

Registered in England/Wales under the registration number 08815766, with a registered address at OL6 7LD, England, Ashton-Under-Lyne, 34 Booth Street.

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