Limelite Design Limited

Limelite Design Ltd, based in Wigan, UK, is a small, active company established 33 years ago. With four employees and £459,363 in assets, it’s a long-standing business led by four directors and one owner. The company operates from a real address and has a mixed import/export profile. It irregularly imports vehicles, parts, and accessories (not for trains or trams), with the last import occurring two months ago, and regularly exports electrical machinery and equipment, with 14 months of export activity recorded.

The company's website showcases a focus on film and TV lighting, offering electronic dimmers, cable accessories, and high-speed ballasts. It also provides repair services and manufactures lighting technology, with a particular emphasis on inline dimmers and head extensions. A section dedicated to "Wendy Lights" suggests a specialized product line. The website also highlights a repair service for industry equipment and promotes its expertise in lighting technology.

Financially, Limelite Design Ltd presents a complex picture. While the company is small (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity decreased by 8.6% to £3,200. Bank borrowings have increased dramatically, jumping 140% to £47,000, while cash reserves have completely vanished. Creditors remain stable at £460,000, and trade debtors have risen by 3.5% to £380,000. The significant increase in borrowing, coupled with the loss of cash, suggests the company may be burning through money to sustain operations. The lack of an auditor mentioned likely means the financials are unaudited, relying on director-reported data.

It's clear that Limelite Design Ltd is facing financial pressures, despite its long-standing presence in the lighting industry. Whether it can weather these challenges and continue its operations remains to be seen.

Registered in England/Wales under the registration number 02666836, with a registered address at WN2 4RJ, Wigan, 4 Dalby Road, Hindley Green.

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