Automotive Lighting Solutions Ltd

Automotive Lighting Solutions Ltd from Stevenston UK: a small, active company founded eight years ago, is currently facing some financial and administrative challenges. Accounts are overdue by five months, and confirmation statements are three months behind – a sign of potential strain. The company employs just two people and holds £74,570 in assets, generating £153,240 in revenue annually. It operates from a real address in Stevenston Industrial Estate, but notably, has no directors or owners listed. A Google rating of 1.0 based on a single review suggests room for improvement in customer perception. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import operation occurring one month ago.

The company’s core business involves wholesale and retail trade of motor vehicle parts and accessories. While it doesn’t appear to operate a dedicated e-commerce website, its presence in the automotive sector suggests a B2B focus, potentially supplying garages and dealerships. It’s unclear if they have a showroom or operate solely through distributors.

Financially, Automotive Lighting Solutions Ltd is showing mixed signals. While turnover has decreased by 6.9% to £150,000, operating profit has increased by 33% to £27,000. Cash reserves have fallen by a significant 41% to £7,300, and bank borrowings have decreased, suggesting some debt management. Creditors have also decreased, which is a positive sign. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in cash and equity is concerning. The lack of a director signing the accounts is unusual, and the absence of an auditor, likely due to exemption as a small company, means the figures are unaudited.

Overall, Automotive Lighting Solutions Ltd seems to be navigating a period of transition. While the increase in operating profit is encouraging, the declining cash position and administrative issues require attention. The company’s future success likely hinges on its ability to streamline operations, secure new business, and address the administrative gaps.

Registered in Scotland under the registration number SC556762, with a registered address at KA20 3LR, Scotland, Stevenston, Factory 1, Unit 44 Stevenston Industrial Estate.

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