Glowmac Ltd

Glowmac Ltd is a small, active company based in Watford, UK, founded five years ago in 2019. With two employees and £30,795 in assets, it operates from a real address and is led by one director and owner. The company specializes in retail sales via mail order houses or via internet, focusing on lighting fixtures and related products.

The company's website, Glowmac Lighting Pvt. Ltd., showcases a wide range of lighting solutions, including gate lights, street lights, outdoor lights, and garden lights. It emphasizes low power consumption, excellent functionality, and environment-friendliness, catering to both public and commercial architecture. Glowmac Lighting also highlights its involvement in sustainable development and green environmental technologies, and even has a self-play system integration.

Financially, Glowmac Ltd presents a mixed picture. Cash bank on hand decreased by 20% to £21,000, while total inventories increased by 25% to £10,000. Bank borrowings were reduced by 27% to £12,000, and trade creditors increased by 50% to £1,800. The company’s average number of employees dropped by 50% to just one person. The company is exempt from an audit, so the figures are unaudited. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The decrease in employees and the rise in creditors suggest potential challenges, but the increase in inventories could indicate growing demand.

Registered in England/Wales under the registration number 12251716, with a registered address at WD24 5AH, England, Watford, 12 Acme Road.

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