Lynoch & Co. Ltd
- Small
- Active
- 3 years
- Real address
- 2 directors
- 2 owners
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Lynoch & Co. Ltd is a small, active family business based in Craswall, Herefordshire, UK. Founded three years ago on January 28, 2022, it operates from a real address and is led by two directors and two owners. The company specializes in manufacturing household textiles, retail sales via mail order and internet, and providing accommodation services.
The company’s website, Lynch Motor Company, reveals a fascinating story. It's a long-established business, with over 30 years of experience designing, engineering, and manufacturing bespoke electric and hybrid motor solutions. They build brushed electric DC motors, known for their efficiency, longevity, and power, and supply them for a variety of applications, including marine, automotive, robotics, and even special effects. The website highlights testimonials praising their products and service, and showcases a diverse range of applications, from powering vessels to restoring historic pianos.
Financially, Lynoch & Co. Ltd presents a mixed picture. Cash bank on hand has decreased significantly, dropping 77% to just £130. Equity has also taken a hit, declining 180% to -£240, and net current assets liabilities have doubled to -£230. Creditors have decreased by 45%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for small companies.
It seems like the company is facing some financial headwinds, but its long-standing expertise in electric motor technology and diverse applications could help it weather the storm. The business appears to be struggling, but hopefully, it can turn things around.
Registered in England/Wales under the registration number 13878728, with a registered address at HR2 0PN, United Kingdom, Craswall, Herefordshire, Lynoch Barn, Hill Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Steele Nicholas John
- 3 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Steele Wendy Beatrice
- 3 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Steele Wendy Beatrice
- 3 years
-
Resident of United Kingdom
-
Individual
- Steele Nicholas John
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 7 pages pdf report
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Certificate of change of nameDownload 3 pages pdf report
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Confirmation statement made on 2024-04-30 with updatesDownload 3 pages pdf report
FAQ about Lynoch & Co. Ltd
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