Lightnet Group Ltd

Lightnet Group Ltd, based in London, UK, is a small, active company founded four years ago. It’s a solo-founder operation with two directors overseeing a team of three employees, holding assets valued at £467,111. The company operates from a virtual address, registered at Unit 326 Canalot, which is shared by twelve other companies. Lightnet Group Ltd is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 13 months of import activity recorded, the last in January 2025. The company’s website reveals a much larger operation, however.

Lightnet is a European manufacturer of architectural lighting, boasting nearly 600 employees across seven locations worldwide. It designs and produces professional lighting solutions to improve people's daily lives, inspiring them and enhancing their well-being. The company emphasizes sustainability and resource conservation, utilizing its own LED technology and producing all products in-house, tailored to individual customer requirements. They offer a wide range of 14 lighting families, from linear (Matric) to round (Basic), catering to various environments. Their website showcases projects with renowned architects and lighting designers, highlighting their expertise. Recent news includes certifications, new product launches, and collaborations with wildlife trusts.

Financially, Lightnet Group Ltd presents a mixed picture. Cash bank on hand surged an impressive 490%, reaching £300,000, while current assets also increased significantly, rising 160% to £470,000. However, net assets still declined, dropping 500% to £170,000, and liabilities increased by 34% to £300,000. Creditors decreased by 59%, 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. The increase in bank borrowings by 2,400% to £29,000 is a notable point, and the drop in trade debtors by 890% to £59,000 may suggest a shift in payment terms. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

Registered in England/Wales under the registration number 13215016, with a registered address at W10 5BN, England, London, Unit 326 Canalot Studios 222 Kensal Road.

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