Lighting Online Group Limited

Lighting Online Group Ltd from Glasgow UK: small company, active status, founded 12 years ago, 10 employees, £1,333,540 assets, real address, 2 directors, 2 owners, family business. Regular importer of none (83 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £1,333,540. The company is a regular importer, with its top import category being None, totaling 83 months of imports. The last import operation was conducted on September 01, 2022.

Lighting World Online operates as an e-commerce business, selling a range of lighting, furniture, and picture frames. The website showcases a diverse selection, from ceiling lights and floor lamps to dining tables and decorative ornaments. It's clear they cater to customers looking for unique and eye-catching items, with a focus on pictures and frames alongside more traditional lighting and furniture. The site encourages customers to call for orders, providing a phone number and email address, and even offers a showroom visit. They seem to have a good selection of products, and the website is well-organized.

Financially, Lighting Online Group Ltd shows a mixed picture. While current assets decreased by 5.3% to £1,300,000, bank borrowings increased by 15%, reaching £710,000. Creditors also decreased by 16%, suggesting improved debt management. The company’s equity remained stable at £1,000,000. The increase in bank borrowings could indicate investment in inventory or expansion, but it's something to keep an eye on. The company’s small size helps it stay agile, but the changes in cash reserves raise questions. The company's accounts were unaudited, as is typical for small businesses.

Overall, Lighting Online Group Ltd appears to be a stable, family-run business navigating the challenges of the e-commerce market. Their focus on unique products and customer service seems to be working, but the changes in cash reserves suggest they need to keep a close eye on their finances.

Registered in Scotland under the registration number SC432199, with a registered address at G75 0RS, United Kingdom, Glasgow, Please Select A Region, State Or Province., 11 11 / 13 Colvilles Road, Kelvin Industrial Estate.

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