Cool Lights Ltd

Cool Lights Ltd is a small, active company based in Wadebridge, UK, founded seven years ago in December 2017. It’s a solo-founded operation with one employee and £13,740 in assets, managed by a single director and owner, Shelley Nicholas Paul. The company operates in the retail sale via mail order houses or via internet industries. Its real registered address is at 3 Foxdown, Wadebridge, and only one other company is registered at the same address.

The company’s website is currently unavailable, making it difficult to determine the specifics of their online presence or product offerings. Without a website, it’s hard to know exactly what Cool Lights Ltd is doing, but the company likely operates through online marketplaces or direct mail.

Financially, Cool Lights Ltd’s numbers present a mixed picture. Cash bank on hand has decreased by 43%, dropping to £8,200, while creditors have also fallen by 30%, now standing at £11,000. Current assets have seen a 27% reduction, now at £14,000, and equity has declined by 13%, settling at £2,500. However, trade debtors have increased significantly by 900%, reaching £540. Interestingly, total inventories have risen by 8.4%, now at £5,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity and cash reserves suggests a need for careful financial management. With no auditor mentioned, the figures rely on unaudited statements.

It seems that Cool Lights Ltd is facing some financial headwinds, but the increase in trade debtors could indicate a period of growth, or potentially, delayed payments.

Registered in England/Wales under the registration number 11091877, with a registered address at PL27 6BD, United Kingdom, Wadebridge, 3 Foxdown.

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