Green Light Limited

Green Light Limited is a small, active company based in London, UK, established 29 years ago in 1996. With two employees and £34,629 in assets, it operates from a virtual address shared by 47 other companies, raising some questions. The company is run by two directors and a solo founder, Baum Philip Daniel, who also serves as the owner. It's a bit of a unique setup.

The company’s primary activities involve importing electrical machinery and equipment, with one month of import activity recorded, and exporting vehicles, parts, and accessories (excluding trains and trams), with one month of export activity. It operates in the service activities incidental to air transportation industries. The company also owns Eaglesure Insurance Services Limited.

Financially, Green Light Limited shows some concerning trends. Current assets have decreased by 40%, falling to £35,000, while net assets have also declined, dropping 27% to -£42,000. Bank borrowings have decreased by 28%, falling to £26,000, and cash reserves have also fallen by 28%, down to £31,000. Creditors have decreased by 36%, which is a positive sign, but the overall picture suggests the company is burning through money. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids an audit, relying on unaudited statements. The company has not claimed exemption from reporting disclosure related party transactions.

The company’s website, greenlightenterprise, highlights its clothing and shoe recycling service for organisations. It provides clothing banks of various sizes, which are placed in outdoor locations and emptied regularly, helping organisations raise funds and provide affordable clothing. The site emphasizes the benefits of the service, including easy fundraising, no overheads, and regular maintenance. It is a TRA member, which gives clients and the public confidence that it proudly adheres to all industry best practices.

Registered in England/Wales under the registration number 03164990, with a registered address at SW14 8AH, England, London, 222 Upper Richmond Road West.

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