Ledsave Limited

Ledsave Ltd from Hull UK: a small, active company founded 13 years ago, employs four people, and holds assets of £1,231,468. Operating from a virtual address, it’s managed by four directors and two owners, and runs an e-commerce site with a stellar 5.0 Google rating based on 33 reviews. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent pattern over the past 22 months—and occasionally exports these same items, with just one month of export activity recorded as of May 2022.

The company’s website, LEDSAVE, specializes in commercial LED lighting solutions, offering a wide range of products from LED strip lights and panels to bulkheads and warehouse lighting. It emphasizes competitive pricing, a 5-year warranty, and a low-price guarantee—a standard approach for online retailers. The site also features a blog with helpful articles on lighting applications and energy efficiency, showcasing a commitment to customer education.

Financially, Ledsave Ltd presents a mixed picture. While current assets remained stable at £1,200,000, net assets increased by 17% to £640,000, indicating improved equity. However, cash bank on hand decreased significantly by 47% to £25,000, suggesting potential reinvestment or increased operational expenses. Bank borrowings decreased by 6.2% to £42,000. Creditors also decreased by 6.7% to £630,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Ledsave Ltd appears to be a stable, albeit small, business. The company’s focus on LED lighting and its strong online presence suggest a solid foundation, but the decrease in cash reserves should be monitored closely.

Registered in England/Wales under the registration number 07802662, with a registered address at HU10 6RJ, United Kingdom, Hull, E. Yorks, F15 The Bloc 38 Springfield Way, Anlaby.

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