Firstlight Products Limited

Firstlight Products Ltd from Milton Keynes, UK, is a well-established small company with an active status, having been founded 44 years ago in 1980. Employing 21 people and holding assets of £4,042,185, it’s a significant player despite its size. The company has a real address and is overseen by two directors and one owner. Regular import and export activities are central to its business, with 62 months of import activity recorded, and 6 months of export activity, the latest being July 2023.

Firstlight Products Ltd operates as a wholesale distributor, specializing in furniture, carpets, and lighting equipment. Its website showcases a wide range of products, from decorative lighting to outdoor fixtures, catering to both residential and commercial clients. The site features a robust e-commerce platform, allowing customers to browse and purchase items online. It also highlights a network of distributors and a downloadable catalogue, suggesting a multi-channel sales strategy. The website is well-designed and easy to navigate, with a focus on showcasing product imagery and providing detailed specifications.

Financially, Firstlight Products Ltd demonstrates a generally stable, if not spectacular, performance. Current assets decreased slightly by 1.5% to £4,000,000, while net assets increased by 0.36% to £3,900,000. Bank borrowings remained steady, and cash reserves increased by 7.5% to £2,400,000. Creditors decreased by 15%, indicating improved debt management. Trade debtors, however, declined by 13%, which might suggest slower payments from customers. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. With no auditor mentioned, the figures are unaudited.

The company’s financial health appears solid, with a growing cash reserve and a decrease in liabilities. The slight decrease in current assets and trade debtors may warrant further investigation, but overall, Firstlight Products Ltd seems to be navigating the market effectively. The focus on online sales and a wide product range suggests a forward-thinking approach, positioning the company for continued success.

Registered in England/Wales under the registration number 01513210, with a registered address at MK12 6HS, England, Milton Keynes, Buckinghamshire, 22 Erica Road, Stacey Bushes.

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