Ingenious Lighting Limited

Ingenious Lighting Ltd from London UK: a small, active company founded seven years ago, employs one person, and holds £54,532 in assets. It's a real address with one director and owner. The company regularly imports furniture, lighting, and prefabricated buildings, with seven months of import activity recorded, the latest in October 2024.

The company operates in the manufacture of electric lighting equipment, the manufacture of other electrical equipment, specialised design activities, and engineering design activities for industrial process and production industries. Its website showcases a range of lighting solutions, but it's unclear if it's a full-fledged e-commerce platform or primarily a design and sourcing business. There isn's much detail about online sales, suggesting a business-to-business model or a focus on custom projects.

Financially, Ingenious Lighting Ltd shows a mixed picture. Current assets have decreased by 51%, falling to £55,000, while net assets have plummeted 460%, resulting in a negative balance of -£23,000. Bank borrowings have decreased by 24%, reaching £14,000, and cash reserves have increased dramatically by 1000%, reaching £49,000. Creditors have decreased by 30%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite the challenges, the company's expertise in lighting design and its focus on specialized services could provide a buffer. However, the negative equity suggests it's burning through cash and needs to find ways to increase revenue or secure additional funding.

Registered in England/Wales under the registration number 11069847, with a registered address at W1W 7LT, England, London, Greater London, 85 Great Portland Street, 1st Floor.

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