Light Science Limited

Light Science Ltd, based in London, UK, is a small, active company founded seventeen years ago in 2007. With a single employee and £137,708 in assets, it operates from a virtual address—thirty-three companies registered at the same location, which is a bit unusual. It's run by a solo founder, who also serves as director and owner. The company regularly imports furniture, lighting, and prefabricated buildings, with nineteen months of import activity recorded, the last in May 2023.

The company operates in the non-specialised wholesale trade industries. Its website is not available, so it’s difficult to determine if it’s an e-commerce operation or simply a back-end supplier.

Financially, Light Science Ltd presents a mixed picture. Current assets remain steady at £140,000, while net assets increased by 5.8% to £57,000. Bank borrowings decreased by 45%, reaching £30,000, and cash reserves increased by 540% to £110,000. Trade debtors decreased by 82%, suggesting better debt management. 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.

Overall, Light Science Ltd appears to be financially stable, with a healthy cash position and improved debt management. The decrease in trade debtors is a positive sign. It's likely the company is managing its expenses well, allowing it to build up reserves.

Registered in England/Wales under the registration number 06358524, with a registered address at N3 1QA, London, Lawford House, Albert Place.

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