Asd Lighting Plc

ASD Lighting Plc, based in Rotherham, UK, is a large, holding company with an active status, celebrating 42 years since its founding in 1982. Employing 163 people, the company holds £32,528,168 in assets and operates from a real address, managed by seven directors and one owner. A Google rating of 4.0 based on seven reviews suggests a generally positive customer perception. The company regularly imports furniture, lighting, and prefabricated buildings (169 months) and exports similar products (9 months).

The company operates in the manufacture of electric lighting equipment industries. It’s a large company, having met two of the three criteria: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company's website isn't available for review.

Financially, ASD Lighting Plc’s recent performance shows some concerning trends. Accrued liabilities decreased by a significant 75%, while cash bank on hand fell by 40% to £5.5 million. Debtors increased by 67%, and bank borrowings increased by 130%. The company's net assets remained steady at £32 million. The company’s net loss deepened by 63% to £280,000. Despite these challenges, creditors decreased by 16%, suggesting improved debt management. The company's auditors are Buckle Barton Limited.

The decrease in cash reserves and increase in debt could indicate the company is burning through money. The increase in debtors suggests the company is struggling to collect payments, and the decrease in liabilities might be a result of paying off debt. It's possible the company is investing in growth, but the declining profitability raises concerns. The company's financial statements are audited.

Registered in England/Wales under the registration number 01677887, with a registered address at S61 4RJ, Rotherham, Mangham Road, Barbot Hall Industrial Estate.

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