Illuminatek Ltd

Illuminatek Ltd from Wolverhampton UK: small company, active status, founded 2 years ago, 1 employee, £4,179 assets, real address, 1 director, 1 owner, solo founder. It's a small business, meeting two of three conditions to qualify: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in several industries, including retail sales via mail order, education, and plastic product manufacturing. Officially, it has one owner, one director, and one employee, with Mr. Lee Timotheou holding both roles.

The company’s website, illuminatek.co.uk, showcases a focus on automotive parts and 3D printing services. It specializes in designing, manufacturing, and selling high-quality, 3D printed products, particularly for Jaguar vehicles. The site features products like leather steering wheel bezels and air vent gear replacements, alongside services like 3D modelling and printing. It also offers training courses on 3D printer usage, targeting small businesses and the general public. Recent blog posts highlight the company’s work with Bitcoin AI trading and carbon fiber reinforced polycarbonate in automotive parts.

Financially, Illuminatek Ltd’s numbers present a mixed picture. Current assets have decreased by 15% to £4,200, while net assets have also fallen slightly to £3,400. Trade debtors have increased significantly by 140%, suggesting potentially delayed customer payments. Cash reserves have also dropped, down 89% to just £360. While creditors have decreased by 42%, indicating better debt management, the significant drop in cash and the increase in debtors could signal cash flow pressures. The company, being small and exempt from an audit, relies on unaudited accounts. It's a bit worrying, really.

Registered in England/Wales under the registration number 14170033, with a registered address at WV10 0ND, England, Wolverhampton, 62 Milton Road.

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