Lunar Networks Ltd

Lunar Networks Ltd is a small, active company based in Llandudno Junction, UK, founded five years ago in May 2019. With £162,183 in assets and a real registered address, it employs four people and is led by two directors and a solo founder. The company regularly imports and exports electrical machinery and equipment, with 4 months of import activity and 10 months of export activity recorded, the latest in September 2024.

The company operates in the engineering design activities for industrial process and production industries. Its website, currently displaying a "Coming Soon" message, suggests a focus on online presence.

Financially, Lunar Networks Ltd shows mixed trends. Current assets have increased significantly, jumping 280% to £160,000, while net assets have also increased by 110% to £53,000. However, bank borrowings have increased by 370% to £120,000, and creditors have increased by 630% to £59,000. Trade debtors have increased by 490% to £79,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debts raises questions. The company is exempt from an audit as a small company, so the figures are unaudited.

While the company appears to be growing its import and export activity, the increase in debt suggests it may be burning through cash to fuel that growth. Whether this is a sustainable strategy remains to be seen, but for now, Lunar Networks Ltd is betting on its engineering expertise and online presence to drive its business forward.

Registered in England/Wales under the registration number 12016323, with a registered address at LL31 9LS, Wales, Llandudno Junction, Conwy, Anson House, 1 Cae'R Llynen.

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