Intelect Lighting Ltd

Intelect Lighting Ltd, based in Leigh, UK, is a small, active company founded seven years ago in 2018. With four employees and £332,734 in assets, it's a family business led by a solo founder and two owners. The company operates from a real address and has one director, with the director list having changed five months ago. It’s a regular importer, bringing in furniture, lighting, and prefabricated buildings – 18 months of import activity recorded, the latest in April 2024.

The company’s website showcases its focus on industrial and commercial LED lighting design and installation. Based in the North West, Intelect Lighting aims to improve lighting quality and reduce energy consumption by 75-85%. The site offers services like site surveys, lighting design proposals, installations, and even finance options. It highlights its experience (14 years) and satisfied customers, emphasizing savings, improved lighting, and reduced carbon footprints. It even offers lease finance, where energy savings offset finance payments.

Financially, Intelect Lighting Ltd shows a mixed picture. Cash bank on hand increased significantly by 56% to £110,000, a positive sign. However, net assets increased by 35% to £130,000, while bank borrowings decreased by 12% to £34,000. Accumulated depreciation increased by 57% to £11,000, which is not unusual as the company invests in equipment. Loans from directors increased to £10,000. 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. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on energy efficiency and its long-standing experience in the lighting industry seem to be strengths. However, the increased depreciation and the reliance on loans suggest a need for careful financial management. The change in the director list five months ago could indicate a shift in strategy or management structure.

Registered in England/Wales under the registration number 11204966, with a registered address at WN7 3XZ, England, Leigh, Unit 26 Leigh Business Park, Meadowcroft Way.

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