Firstlite (uk) Limited

Firstlite Uk Ltd from Gateshead UK: a small, active company founded 14 years ago, employs six people, and holds £1,117,682 in assets. With two directors and a solo founder, it maintains a perfect 5.0 Google rating based on two reviews. The company regularly imports furniture, lighting, and prefabricated buildings – a total of 77 months of import activity recorded.

The business operates as a wholesale supplier of LED modules to the sign-making industry. Its website showcases a wide range of products, from FL Prime LED Modules to RGBW LED Modules, catering to various signage applications. It also offers design services, including a free layout estimate, and even provides a box calculator to help customers determine the right modules for their projects. The site highlights a commitment to quality, with a five-year warranty and specialist support. It’s clear that Firstlite is targeting a specific niche, emphasizing expertise and bespoke solutions.

Financially, Firstlite Uk Ltd presents a mixed picture. Creditors have decreased by 31% after one year, suggesting improved debt management. However, cash bank on hand has fallen by 52%, and accrued liabilities have decreased by 47% within one year. Bank borrowings have also seen a decrease of 31% after one year. While net assets have increased by 27%, it's worth noting that the company’s net current assets and liabilities have only increased by 2.9%. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible. With no auditor mentioned, the financial statements are unaudited.

The company's decrease in cash reserves, while concerning, could be attributed to increased investment in inventory or expansion efforts. It’s likely that Firstlite is navigating the challenges of a competitive market, balancing growth with financial stability.

Registered in England/Wales under the registration number 07554024, with a registered address at NE11 0TU, Gateshead, Tyne And Wear, Unit D6 Princesway North, Team Valley Trading Estate.

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