Total Lab Supplies Ltd

Total Lab Supplies Ltd, based in St. Helens, UK, is a small, active family business established seven years ago. Employing 20 people, the company holds £1,315,568 in assets and operates from a real address. With five directors and two owners, Total Lab Supplies runs an e-commerce site and has a 3.0 Google rating based on just two reviews. The company regularly imports optical and medical tools and devices (19 months) but exports irregularly (1 month).

The company's website highlights its 150 years of expertise in laboratory supplies, offering a wide range of laboratory equipment, chemicals, consumables, and other services. It emphasizes a knowledgeable team, global networks for sourcing supplies, and a commitment to meeting customer needs—even offering bulk solvent orders. Recent news items showcase partnerships with Honeywell and Palintest, demonstrating a focus on expanding its product offerings and supplier relationships.

Financially, Total Lab Supplies Ltd presents a mixed picture. While current assets increased by 28% to £1,300,000, net assets only grew by 4.1% to £160,000. Bank borrowings have risen significantly, increasing by 160% to £16,000, and cash reserves decreased by 30% to £29,000. Creditors also increased by 30% to £1,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt suggests tighter margins. No auditor is mentioned, which is common for small companies.

The company seems to be doing alright, but it's important to keep an eye on its debt levels. It’s a family-run business with a good reputation, but it will need to manage its finances carefully to ensure long-term success.

Registered in England/Wales under the registration number 10942667, with a registered address at WA9 3AH, United Kingdom, St. Helens, 6 Ketterer Court.

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