Led Direct Limited

Led Direct Ltd, based in Carnforth, UK, is a small, family-run business with an active status. Founded fourteen years ago in 2010, the company employs just two people and holds £524,696 in assets. It operates from a real address and is managed by two directors and owners. The business has a stellar 5.0 Google rating based on 26 reviews, and regularly imports furniture, lighting, and prefabricated buildings—a total of 15 months of import activity, with the latest in March 2024.

The company's website showcases a wide range of lighting solutions, from floodlights and LED panels to stylish pendants and spotlights. It caters to both commercial and residential customers, offering a variety of brands and styles. The site also features a blog with helpful articles on lighting choices, demonstrating a commitment to customer education. It seems they are doing well with online sales, and even have a showroom in Blackburn.

Financially, Led Direct Ltd presents a mixed picture. While current assets increased by a substantial 49%, to £520,000, net assets also grew significantly, rising 130% to £100,000. Bank borrowings decreased by 54%, a positive sign, and cash reserves dropped 18% to £18,000. Creditors increased by 43%, which could be due to increased stock levels to meet demand. 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 flexibility, but the increase in creditors warrants a closer look. As a small company, they are exempt from an audit, so the figures are unaudited.

The company’s depreciation on computer equipment has increased significantly, which could be due to investments in technology to support their online sales. Overall, Led Direct Ltd seems to be a growing business, but they need to keep a close eye on their debt levels to ensure long-term sustainability.

Registered in England/Wales under the registration number 07308457, with a registered address at LA6 2HF, Carnforth, Lancashire, Garth House 3 Fairview, Kirkby Lonsdale.

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