Idolight Uk Ltd

Idolight Uk Ltd from London UK: a small, active company founded eleven years ago, employs one person, and holds £704,747 in assets. It operates from a virtual address and is managed by three directors and three owners. The company regularly imports furniture, lighting, and prefabricated buildings—a trend spanning thirteen months, with the most recent import recorded in September 2024.

The company’s website showcases a global leader in LED light decorations, specializing in urban spaces, commercial areas, and events. It’s a business focused on high-end, custom designs, with a strong Italian artistic direction and a network of branches across Europe, America, Asia, and Australia. The site offers a wide range of products and services, including design consultations, custom installations, and a virtual showroom. It even has an eCatalogue requiring registration for commercial offers.

Financially, Idolight Uk Ltd presents a mixed picture. Cash bank on hand has seen a substantial increase of 120%, reaching £660,000, while current assets have nearly doubled to £700,000. However, creditors have also risen significantly, increasing by 110% to £320,000. Debtors have decreased by 21%, and taxation social security payable has jumped a staggering 470%. Despite these pressures, net assets have improved by 88% to £390,000. The company’s small size—meeting two of three criteria for a small company—allows for agility. There’s no auditor mentioned, suggesting exemption as a small company.

The increase in creditors and taxation payable, alongside a decrease in debtors, suggests Idolight Uk Ltd might be experiencing some cash flow challenges, possibly due to extended payment terms or increased operational expenses. However, the substantial increase in cash reserves and overall assets indicates a business that, while facing some strain, is still holding a strong financial position.

Registered in England/Wales under the registration number 08913443, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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