Abbeygate Lighting Limited

Abbeygate Lighting Ltd from Suffolk UK is a small, family-run business with an active status, having been founded 28 years ago. The company employs 13 people and holds assets valued at £966,003. It's managed by five directors and owned by two individuals, and operates from a real address in Felixstowe. Regular imports of furniture, lighting, and prefabricated buildings—spanning nine months—are a key part of their operations, with the most recent import occurring in October 2024.

The company’s primary focus is retail, offering a wide range of decorative lighting and related accessories through three showrooms located in Bury St Edmunds, Felixstowe, and Norwich. Their website highlights a diverse product selection, from ceiling lights and crystal lamps to sculptures and gifts, catering to both contemporary and traditional tastes. They also partner with Illuminati Lighting, emphasizing quality and craftsmanship. Abbeygate Lighting’s website has a good range of products and seems to be a well-established business.

Financially, Abbeygate Lighting Ltd presents a mixed picture. Cash bank on hand increased by a healthy 21% to £550,000, a positive sign. However, net assets decreased by 2.1% to £1,200,000. Debtor amounts dropped significantly by 41%, which could be a good thing, or it could mean customers are taking longer to pay. Creditors also rose by 8.9%, and future lease payments have been reduced drastically. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, prepared with CCH Accounts Production software, do not mention an auditor.

Overall, Abbeygate Lighting Ltd appears to be a stable, long-standing business, but the decrease in net assets and the rise in creditors suggest it's facing some financial pressures. It's likely that the company is managing its cash flow effectively, but a closer look at its profitability would be needed to fully assess its health.

Registered in England/Wales under the registration number 03367626, with a registered address at IP11 7BH, Suffolk, 55/59 Cobbold Road, Felixstowe.

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