Lighting 123 Limited

Lighting 123 Limited, based in Bolton, UK, is a small, active company founded six years ago. With three employees and £102,595 in assets, it operates from a real address within The Swan Business Centre. The company is led by a single director and owner, Brailsford Benjamin Burgess, and functions as a solo founder operation. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with its last import activity occurring six months ago.

The company's website showcases a business focused on supplying home décor and lighting, primarily to UK retailers. It positions itself as a bespoke supplier, offering a range of services from design development to logistics and warehousing. The website highlights its ability to provide trend analysis, CAD designs, and even international shipping—a comprehensive offering for its retail partners. It’s clear that Lighting 123 Limited isn's just selling products; it’s offering a full-service solution for retailers seeking quality home décor and lighting.

Financially, Lighting 123 Limited presents a mixed picture. Current assets have dramatically decreased by 71%, dropping to £100,000, while net assets have fallen by a significant 64%, settling at -£180,000. Bank borrowings have also decreased, but cash reserves have taken a hit, falling 27% to £39,000. Trade debtors have plummeted, suggesting improved collection practices, but creditors have also decreased, which could indicate pressure to pay suppliers. The company's small size (meeting two of three criteria for being a small company) allows for agility, but the substantial decline in equity raises concerns. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Lighting 123 Limited appears to be navigating a challenging period. While its website and service offerings suggest a robust business model, the financial data indicates a need for careful management and potentially a focus on improving profitability.

Registered in England/Wales under the registration number 11827806, with a registered address at BL3 3AQ, England, Bolton, Office H,The Swan Business Centre, 4 Higher Swan Lane.

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