Leading Light Technologies Limited

Leading Light Technologies Ltd from Lincoln UK is a small, active company founded 17 years ago. With six employees and £2,048,265 in assets, it operates from a virtual address and is overseen by four directors and three owners. The company regularly imports and exports electrical machinery and equipment, with 718 months of import activity and 142 months of export activity recorded.

The company's website, Automotive Testing Technology, is a leading online resource for the automotive testing industry. It doesn’s a retail site, but rather a platform for news, features, and events related to automotive testing, including crash testing, powertrain testing, and ADAS development. The site offers a wide range of content, from industry news and technical articles to supplier spotlights and event listings. It also hosts a forum for professionals to connect and share insights. The site seems to be a hub for information and networking within the automotive testing sector, and it's clear that it’s not selling anything directly.

Financially, Leading Light Technologies Ltd shows some concerning trends. While current assets remain relatively stable at £2,000,000, cash reserves have dropped significantly by 43% to £550,000. Debtors have increased substantially by 57%, reaching £960,000, which could indicate difficulties collecting payments. There was also a 12% drop in equity, reducing it to £1,900,000. Bank borrowings surged by 2,400%, reaching £29,000, and creditors increased by 85%, reaching £41,000. 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, but the sharp equity drop and increased debt raise questions. The unaudited financial statements, which are exempt as a small company, rely on director-reported data.

It seems that while the company's online platform is thriving, the underlying business is facing some financial pressures. Whether this is a temporary setback or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 06496207, with a registered address at LN1 1XW, Lincoln, Tower House, Lucy Tower Street.

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