Lightsave Limited

Lightsave Ltd from Reading, UK, is a small, family business with an active status, celebrating 25 years since its founding in 2000. The company employs twenty people and holds £1,606,781 in assets, operating from a real address and managed by four directors and two owners. It's a thriving e-commerce site with a stellar 5.0 Google rating based on twenty-three reviews, specializing in lighting products. They are an irregular importer, with their top category being furniture, lighting, and prefabricated buildings, with one month of imports recorded as of July 2024.

Lightsave Ltd’s website showcases a vast selection of bulbs and lighting solutions, catering to both domestic and commercial needs. The site emphasizes technical expertise, offering guidance on bulb types, energy efficiency, and installation. It also highlights partnerships with major lighting brands and offers a range of value-added services, including bulk discounts and custom lighting designs. The site even boasts a “Meet the Team” section, adding a personal touch to the online shopping experience.

Financially, Lightsave Ltd presents a mixed picture. Cash reserves increased significantly by 170% to £460,000, which is good news. However, net assets decreased slightly by 4.9% to £1,200,000. Bank borrowings have been reduced by 67%, which is a positive trend. Trade debtors have decreased by 21%, suggesting improved collection of payments. However, creditors have increased by 15%, which could be due to increased stock levels. 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 remain flexible. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Lightsave Ltd appears to be a well-managed, niche business, although the decrease in net assets is something to keep an eye on. The strong Google rating and focus on customer service suggest a loyal customer base, and the company’s family-run nature likely fosters a culture of dedication and quality.

Registered in England/Wales under the registration number 03905665, with a registered address at RG30 1DZ, England, Reading, 121 Loverock Road.

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