Square Two Lubrication Limited

Square Two Lubrication Ltd from Church Stretton UK: a small, active company founded 22 years ago, employs just one person, and holds assets of £146,590. It operates from a virtual address and is led by a single director and owner, who is also the solo founder. The company regularly imports machinery, boilers, and mechanical appliances, with 13 months of import activity recorded.

The company’s website, Lubrication UK, is a distributor of Memolub automatic lubrication systems. It offers a comprehensive range of single and multipoint lubricators designed to enhance equipment performance and reduce maintenance costs across various industries, including industrial, pharmaceutical, and heavy-duty applications. They also offer UK-manufactured threadlockers and adhesives. The website highlights a focus on expert installation services, remote assistance, and seeking UK trade stockists and resellers.

Financially, Square Two Lubrication Ltd shows a mixed picture. Current assets have decreased by 12%, falling to £150,000, while net assets have dropped by 19%, reaching £44,000. Bank borrowings have decreased by 15%, settling at £35,000. Creditors have also decreased by 15%, to £35,000, suggesting improved debt management. The company's small size—meeting two of three criteria for a small company—helps it remain flexible. Cash bank on hand has remained steady at £130,000. The significant drop in equity, however, raises questions about its long-term financial health. With no auditor mentioned, the financial statements are unaudited.

The company’s focus on specialized lubrication systems and its established presence in the UK market suggest a niche business. However, the declining equity and increased reliance on bank borrowings indicate potential financial pressures that will need to be addressed.

Registered in England/Wales under the registration number 04663318, with a registered address at SY6 6BN, United Kingdom, Church Stretton, Shropshire, The Corner House, 4 Beaumont Road.

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