Lamp Source Ltd

Lamp Source Ltd, based in Newtownabbey, UK, is a small, holding company with an active status. Founded 11 years ago, it employs 11 people and holds £1,899,840 in assets. The company has a real address, two directors, and one owner, and enjoys a perfect 5.0 Google rating based on four reviews. It’s an irregular importer of electrical machinery and equipment, with its last import operation made on December 01, 2024.

The company’s website, lampsource.co.uk, is a comprehensive online catalog for wholesale lighting and electrical components. It caters to both UK and Irish markets, offering a vast range of products from LED bulbs and fluorescent tubes to floodlights and control gear. The site boasts a “wholesaler’s wholesaler” approach, emphasizing competitive pricing and next-day delivery for its customers. It also provides a range of services, including piano restoration and disaster recovery.

Financially, Lamp Source Ltd shows some concerning trends. While assets remain relatively stable, cash bank on hand has dropped significantly by 33% to £840,000. Creditors have increased by 13% to £440,000, and net assets have decreased by 22% to £1,500,000. There’s also a decrease in intangible assets, which could be a concern. The company meets the criteria for a small company, with turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

Despite these financial pressures, Lamp Source Ltd seems to be a well-established player in the wholesale lighting market, with a strong online presence and a reputation for providing a wide range of products and services. It’s likely that the company is navigating the challenges of a competitive market and fluctuating costs, but its long-standing presence and positive customer reviews suggest it has the potential to weather these storms.

Registered in Northern Ireland under the registration number NI621099, with a registered address at BT36 4FH, Northern Ireland, Newtownabbey, 4 Nicholson Drive.

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