Lightsense Technologies Ltd

Lightsense Technologies Ltd, based in London, UK, is a small, active company founded nine years ago in 2016. With fourteen employees and £11,255,494 in assets, it operates from a virtual address – a detail worth noting as 155 companies are registered at the same location. The company is led by one director and has two owners, though the list of owners changed two years ago.

Lightsense Technologies specializes in tattoo removal, offering a cutting-edge service through its proprietary LightSense Laser System. The company’s website highlights its focus on speed, safety, and efficacy, emphasizing FDA clearance, CE certification, and rigorous clinical studies. It appears to operate primarily through partnerships, notably with Naama, offering exclusive LightSense treatments. The website is clearly geared towards a premium, technology-driven service, rather than a direct-to-consumer e-commerce model.

Financially, Lightsense Technologies shows some concerning trends. While current assets remain relatively stable at £11,000,000, bank cash has fallen significantly by 32% to £3,700,000. Creditors have decreased sharply, which is positive, but the significant increase in trade creditors – up 87% – suggests potential issues with supplier payments. Depreciation on plant and machinery has increased by 34%, which could indicate investment in new equipment, but also raises questions about maintenance costs. The company’s small size (meeting two of three conditions for being classified as small) means it’s exempt from an audit, so the figures are unaudited.

Overall, Lightsense Technologies seems to be facing some financial headwinds, despite its innovative service and premium positioning. The decrease in cash reserves, coupled with rising trade creditors, warrants close monitoring.

Registered in England/Wales under the registration number 10112060, with a registered address at N12 0BP, England, London, 727-729 High Road.

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