Buchanan Lighting Limited

Buchanan Lighting Ltd, based in Oxford, UK, is a small, active company founded ten years ago in 2014. With two employees and £644,335 in assets, it’s a solo-founded operation run by a single director and owner. The business operates as an irregular importer, bringing in furniture, lighting, and prefabricated buildings – just one month’s worth of imports were recorded, the last in January 2024.

The company’s website positions Buchanan Lighting as an international lighting specialist, arranging for UK clients to import directly from European, Indian, and Far Eastern manufacturers. They offer a diverse range of lighting styles and materials, from blown glass to metal spinning, and even offer bespoke design services. The website boasts a physical address in Summertown, Oxford, and a phone number for inquiries.

Financially, Buchanan Lighting Ltd shows a mixed picture. Accumulated amortisation impairment intangible assets increased by 13%, while accumulated depreciation impairment property plant equipment rose by 11%. Bank borrowings decreased slightly, and cash bank on hand fell by 7%. Creditors dropped significantly, suggesting better debt management. Equity, however, increased by a substantial 62%, a positive sign. 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 stay nimble, but the increase in corporation tax payable by 150% is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Buchanan Lighting Ltd seems to be holding its own, but the increased tax burden and fluctuating asset values warrant close monitoring. The company’s focus on international sourcing and bespoke design services, however, suggests a potential for continued growth, despite the financial pressures.

Registered in England/Wales under the registration number 09265480, with a registered address at OX2 7HN, England, Oxford, Unit 16 Suffolk House 263 Banbury Road.

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