Laseraid UK Limited Accounts Released 29th March

Laseraid UK is a laser device supplier based in Borehamwood, England. It was originally established in Australia in 2007.

On the 29th March 2023, Laseraid released their Annual Report and Financial Statements for the year ending March 31st, 2022.

The reports revealed that the company’s total debtors rose exponentially between 2021 and 2022. The difference was an increase of 1001% from £32,296 to £355,624.

This month, the company directors put together the projected cashflows to figure out if Laseraid has the capabilities to increase the business’ value to £3,500,000.

They also plan to use this cashflow to identify if their current cash level is adequate to repay their debts and fulfil their responsibilities.

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