Lysander Shipping Limited

Lysander Shipping Ltd is a small, active company based in New Malden, UK, founded 32 years ago in 1993. Employing 15 people, the company holds assets of £2,634,731 and operates from a real address. With four directors and two owners, it’s a relatively compact operation. Lysander Shipping is an irregular importer, primarily dealing in textile padding, felt, nonwoven fabrics, special yarns, and ropes and cables – with just one month of import activity recorded as of February 2022.

The company describes itself as a global freight forwarder, boasting over 25 years of experience. Its website highlights services like project forwarding, heavy lift handling, and consultancy, catering to industries like oil, gas, renewable energy, and civil engineering. It positions itself as a strategic shipping partner for construction companies, assisting with worldwide transport solutions. The site mentions a showroom in Harrods, London, suggesting a high-end division perhaps related to piano restoration, though this is not explicitly stated.

Financially, Lysander Shipping Ltd shows a mixed picture. Current assets have decreased by 7.2% to £2,600,000, while bank borrowings have increased by 67% to £550,000. Cash reserves have fallen 40% to £810,000. Trade debtors have increased by 22% to £1,200,000, which could indicate a growing customer base, but also potential issues with collections. 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 remain flexible, but the decline in equity by 2.1% to £990,000 raises questions about its long-term financial health. No auditor is mentioned, which is typical for a small company exempt from an audit.

Overall, Lysander Shipping Ltd appears to be navigating a competitive market, leveraging its experience and global reach. However, the financial trends suggest it’s facing some pressures, and its ability to maintain its position will depend on its ability to manage its debts and continue to secure new business.

Registered in England/Wales under the registration number 02784224, with a registered address at KT3 4EZ, England, New Malden, 60 High Street 60 High Street, Room 201.

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