North Lynx Ltd
- Small
- Active
- 12 years
- £4,282 (assets)
- Virtual address
- 1 director
- 1 owner
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
Social media
Summary
North Lynx Ltd is a small, active company based in Harrow, UK, founded twelve years ago in 12th February 2013. It holds just £4,282 in assets and operates from a virtual address, registered with seventy-four other companies, suggesting a shared workspace. The company is run by one director and one owner, Balcikonis Donatas.
The business appears to operate across several sectors, including retail via mail order, software development, IT consultancy, and other IT services. Its website, Project Lynx XZ179, focuses on aviation history and the restoration of vintage helicopters, offering apparel and supporting associative charities. The site's passion for aviation is clear, with a timeline and "About Us" section detailing the project's goals.
Financially, North Lynx Ltd shows a concerning trend. Current assets have fallen significantly, dropping 75% to just £4,300. Equity has also taken a hit, decreasing 68% to £5,200. Cash reserves have plummeted 79% to a mere £3,300, and bank borrowings have increased, though only slightly. Creditors are down 200%, which is good, but the overall picture suggests the company is burning through cash. The company is small, meeting two of the three criteria for a small company, and the accounts are unaudited, relying on director-reported data. There’s no auditor listed.
It's clear that North Lynx Ltd is facing challenges, despite its diverse business interests. The aviation restoration project, while appealing, may not be generating enough revenue to offset the company’s financial pressures.
Registered in England/Wales under the registration number 08394469, with a registered address at HA1 1BH, England, Harrow, 166 College 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
- Balcikonis Donatas
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Balcikonis Donatas
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-01-31 with no updatesDownload 3 pages pdf report
-
Change of details for Mr Donatas Balcikonis as a person with significant control on 2025-02-07Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-02-29Download 7 pages pdf report
FAQ about North Lynx Ltd
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