Light Source Supplies Limited

Light Source Supplies Ltd from Hoddesdon, UK, is a small holding company with an active status, established 37 years ago in 1987. Employing just two people, the company holds £79,745 in assets and operates from a virtual address – registered at an address shared by forty other companies. It’s overseen by three directors and one owner, and currently boasts a perfect 5.0 Google rating based on just two reviews. The company regularly imports optical and medical tools and devices, with the latest import activity recorded three months ago.

The company’s website reveals its core business: supplying surgical headlights. It positions itself as the only specialist headlight supplier in the UK, offering a wide range of options from leading manufacturers. It even offers a free 30-day trial and in-house repair facilities, which is a nice touch. The website highlights a strong focus on customer service and expert advice, with a friendly sales team ready to assist.

Financially, Light Source Supplies Ltd shows some concerning trends. Current assets have fallen by 45% to £80,000, while net assets have plummeted 60% to just £26,000. Bank borrowings have decreased slightly, but cash reserves have increased to £6,600. Creditors have decreased significantly, suggesting improved debt management. The company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

While the company maintains a strong online presence and positive customer reviews, the significant decline in net assets raises questions about its long-term financial health. It’s possible these are temporary fluctuations, but further monitoring is warranted.

Registered in England/Wales under the registration number 02190323, with a registered address at EN11 8UR, Hoddesdon, Hertfordshire, 1 Tower House, Tower Centre.

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