Lyndhurst Precision Engineering Limited

Lyndhurst Precision Engineering Ltd from Chorley, UK, is a small, holding company with an active status, celebrating 35 years in business. Founded in 1990, the company employs 52 people and holds £3,312,708 in assets. It operates from a real address and is managed by one director and one owner, boasting a stellar 5.0 Google rating based on five reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago.

The company's website details its core business: precision engineering. It specializes in the manufacture of other general-purpose machinery, catering to a range of industries. While the website doesn't explicitly mention e-commerce, it showcases the company's capabilities and expertise in its field.

Financially, Lyndhurst Precision Engineering Ltd appears to be in a healthy state. Current assets have increased by 27% to £3,300,000, while net assets have grown by 16% to £3,000,000. Cash reserves have seen a significant boost, surging 56% to £1,400,000. Trade debtors have also increased, rising 13% to £1,900,000, suggesting a growing customer base. Despite a 88% increase in other taxation and social security payable, the company's overall financial picture is positive. The company meets two of the three conditions to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), allowing it to benefit from simplified reporting requirements. The accounts are unaudited, likely due to its small size.

The company’s growth in assets and cash reserves, combined with increased trade debtors, suggests a period of expansion. The increase in other taxation and social security payable could be a result of increased employment or higher payroll costs. While the company’s financial performance appears strong, it's worth noting that the figures are unaudited and do not provide a complete picture of its financial health.

Registered in England/Wales under the registration number 02500010, with a registered address at PR6 0UH, Chorley, Lancashire, Top Site, Crosse Hall Street.

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