Asbac Lighting Limited
- Small
- Active
- 11 years
- 11 employees
- £631,478 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Asbac Lighting Ltd from Leiston, UK, is a small, active company founded eleven years ago in 2013. Employing five people, it holds £735,969 in assets and operates from a real address. With three directors and two owners—Smith Clive Matthew and Smith Michael James—it's a family-run business. The company regularly imports furniture, lighting, and prefabricated buildings, having done so for seventeen months, with the latest import occurring in January 2025. Export activity is less frequent, with just one month of exporting furniture, lighting, and prefabricated buildings recorded in July 2024.
The company's website showcases a wide range of outdoor lighting solutions, including solar lights, wall lighting, garden lighting, and post lighting. It caters to both residential and commercial clients, offering everything from small garden lights to large street light fittings. The site highlights the company's expertise in providing durable, non-corrosive lighting options and features project galleries showcasing installations at various locations, like housing developments and gardens. It even has a section dedicated to sustainable lighting and offers guidance on IP ratings.
Financially, Asbac Lighting Ltd has experienced some shifts. Current assets decreased by 26% to £740,000, while net assets also fell 7% to £880,000. Bank borrowings were reduced by 18%, reaching £180,000, and cash reserves fell 32% to £100,000. Trade debtors have seen a significant drop, falling by 51%, suggesting improved collection efforts. Creditors, however, have also decreased by 38%, which could be a positive sign of better debt management. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it maintain agility. The number of employees, however, has increased by 120% to eleven, which may be a result of increased business activity. With no auditor mentioned, the financial statements are unaudited.
Overall, Asbac Lighting Ltd appears to be navigating a period of change, with some financial headwinds but also signs of improved efficiency. The company's focus on quality outdoor lighting and its family-run structure could position it well for continued success.
Registered in England/Wales under the registration number 08640467, with a registered address at IP16 4LL, Leiston, Suffolk, Asbac House, 11 Eastlands Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 2 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 2 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 11 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2024-12-31Download 12 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 13 pages pdf report
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Confirmation statement made on 2024-08-11 with updatesDownload 6 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Asbac Lighting Limited
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