Ilux Lighting Ltd

Ilux Lighting Ltd, based in Sheffield, UK, is a small, active company founded 22 years ago. With five employees and £749,292 in assets, it operates from a real address and is managed by one director and owner, Blair Daniel Robert. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent pattern over the past 14 months—but exports these same items less frequently, with just two months of activity recorded.

The company's website paints a picture of a specialist lighting solutions provider. Rather than a typical e-commerce site, it focuses on offering comprehensive lighting upgrade services, including energy-efficient lighting installations, emergency lighting compliance, and risk assessments. It boasts a network of over 30 UK and European suppliers, offering bespoke design and installation services, often operating on a "zero capital" model where clients benefit from instant savings and ongoing maintenance coverage. The site emphasizes a turnkey approach, handling everything from initial audits to ongoing maintenance and even incorporating technologies like solar and EV charging solutions.

Financially, Ilux Lighting Ltd presents a mixed picture. While current assets increased by 17% to £750,000, net assets plummeted 64% to just £97,000. Bank borrowings decreased by 24% to £87,000, and cash reserves saw a significant boost, increasing by 120% to £110,000. Creditors, however, rose sharply, increasing by 67% to £670,000, and trade debtors ballooned by 120% to £300,000, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity raises concerns. As a small company, it is exempt from an audit, so the figures are unaudited.

The significant increase in creditors and debtors suggests Ilux Lighting Ltd may be experiencing cash flow pressures, perhaps due to increased investment in inventory or extended credit terms. However, the substantial increase in cash reserves offers some reassurance. It's likely the company is navigating a period of growth and expansion, but careful management of its finances will be crucial to its long-term success.

Registered in England/Wales under the registration number 04470680, with a registered address at S20 3FG, Sheffield, South Yorkshire, Unit 1 Holbrook Rise, Holbrook Industrial Estate.

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