Luwa (u.k.) Limited

Luwa Uk Ltd from Oldham, UK, is a long-standing small company, active since its founding 65 years ago in 1959. With just five employees and £340,556 in assets, it's a modest operation led by three directors and a single owner. The company maintains a real address and enjoys a perfect 5.0 Google rating based on one review. Luwa Uk Ltd regularly imports machinery, boilers, and mechanical appliances—parts, with 27 months of import activity recorded, the latest in July 2024.

The company specializes in the manufacture of non-domestic cooling and ventilation equipment, operating within a specific industrial sector. It’s a family-run business, with Mr. Burton Michael owning the company. Daly Richard William, Burton Michael, and Ogden Graham William are the directors.

Financially, Luwa Uk Ltd shows a mixed picture. Current assets increased slightly by 4%, reaching £340,000, but bank borrowings decreased by 26%, settling at £29,000. Cash reserves experienced a healthy 38% increase, reaching £170,000. Creditors also rose by 32%, reaching £82,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. However, the increase in creditors suggests a potential need to manage short-term liabilities more closely. With no auditor mentioned, the financial statements are unaudited.

The company’s long history and consistent import activity point to a stable business model, but the fluctuating financial metrics warrant monitoring. It’s a testament to the enduring nature of family-owned businesses, even in a competitive market.

Registered in England/Wales under the registration number 00642994, with a registered address at OL4 3DZ, England, Oldham, Units 10-12 St Johns Industrial Estate, Lees.

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