Alumi-lite Ltd

Alumi-Lite Ltd is a small, active company based in High Wycombe, UK, founded sixteen years ago in 2009. Employing just two people, it holds assets valued at £300,000 and operates from a real address at 6 Crusader Estate. With one director and owner, Goodall Lawrence David at the helm, the company is registered as a private limited company. Its core business involves other construction installation, and it’s a irregular importer of iron and steel, with just one month of import activity recorded as of July 01, 2020.

The company’s website, alumi-lite.co.uk, is basic, providing contact information and a brief description of its services. It doesn's appear to be an e-commerce site; instead, it functions as a contact portal for potential clients seeking construction installation services. The site lacks detailed product listings or online ordering capabilities, suggesting a business model reliant on direct engagement and project-based work.

Financially, Alumi-Lite Ltd presents a mixed picture. Current assets have increased significantly by 230%, reaching £410,000, while net assets have also risen sharply to £300,000. However, creditors have surged by 200%, reaching £130,000, and trade debtors have ballooned to £280,000, which could indicate a reliance on extended payment terms from customers. Bank borrowings remain stable, and cash reserves are healthy at £130,000. 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 it to remain flexible, but the increase in creditors and debtors warrants monitoring. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The substantial increase in debtors could be a sign of successful project completion and invoicing, but it also carries the risk of delayed payments. The increase in creditors, however, suggests a need to manage payment schedules effectively. Overall, Alumi-Lite Ltd appears to be growing, but it’s important to keep an eye on its working capital management to ensure long-term financial stability.

Registered in England/Wales under the registration number 06862042, with a registered address at HP12 3ST, High Wycombe, Buckinghamshire, 6 Crusader Estate, Stirling Road Cressex Business Park.

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