Illuminate Design Limited

Illuminate Design Limited, based in Bideford, UK, is a small holding company with an active status, having been incorporated nineteen years ago in 2005. The company employs seven people and holds £910,149 in assets, operating from a virtual address shared by twenty-three other companies. It’s managed by one director and one owner, and currently boasts a Google rating of 3.0 based on five reviews. Illuminate Design regularly imports furniture, lighting, and prefabricated buildings, with its last import operation recorded thirteen months ago in January 2023.

The company’s website highlights its focus on the leisure and tourism industries, offering integrated lighting, sound, and audio-visual services. It positions itself as a specialist supplier and installer, catering to theatres, visitor attractions, hotels, and venues. The site showcases a portfolio of projects, including work at Hestercombe, Harlow Carr, and Bridgewater, and even features a blog with updates on industry events and projects. It’s clear the company is trying to establish itself as a premium provider.

Financially, Illuminate Design presents a mixed picture. While current assets increased by 18% to £910,000, cash bank on hand decreased by 18% to £160,000. Trade debtors rose significantly by 31%, reaching £730,000, suggesting potential challenges in collecting payments. Creditors also increased by 33%, reaching £280,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the rise in debt and decline in cash reserves are concerning. Accumulated depreciation impairment property plant equipment has increased by 38%, which is a sign of aging assets. The company operates under the Small Companies Regime for Accounts, and the financial statements are unaudited.

Overall, Illuminate Design appears to be navigating a period of growth and change, but the increasing debt and declining cash reserves warrant close monitoring. The company’s focus on specialized services and its reputation for quality could help it weather these challenges, but a more sustainable financial model may be needed for long-term success.

Registered in England/Wales under the registration number 05543612, with a registered address at EX39 2JJ, England, Bideford, Devon, 37 Mill Street.

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