Merlin Lazer Ltd

Merlin Lazer Ltd from Crowborough UK: a small, active company founded 28 years ago, employs five people, and holds £1,920,971 in assets. With a real address, two directors, and a solo founder, Hamilton Neil Colin, it’s a well-established operation. The company regularly imports and exports optical and medical tools and devices, with 99 months of import activity and 61 months of export activity recorded.

The company’s website is not available, so it’s difficult to determine their exact operations beyond what’s stated in the report. It appears they are involved in the manufacture of optical precision instruments.

Financially, Merlin Lazer Ltd shows a mixed picture. Current assets decreased by 6.2% to £1,900,000, while net assets increased by 3.4% to £1,900,000. Bank borrowings have increased, and cash reserves have fallen by 1.9% to £1,400,000. Creditors have decreased by 20%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being small—helps it remain agile. The increase in net assets, however, is likely due to the increase in property, plant and equipment. The company is exempt from an audit as a small company.

The sharp increase in property, plant and equipment could indicate investment in new machinery or facilities, potentially to expand production or improve efficiency. The decrease in cash reserves, however, suggests the company may be using its cash to fund these investments or cover operating expenses. It’s possible that the company is burning through money, but it’s also possible that it’s making strategic investments for long-term growth.

Registered in England/Wales under the registration number 03350664, with a registered address at TN6 1DH, England, Crowborough, C/O Tn6 Ltd, Pine Grove Enterprise Centre, Pine Grove.

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