London Lightworks Ltd

London Lightworks Ltd is a small, active company based in Watford, UK, founded eight years ago in 2017. With £1,010,691 in assets and a real registered address, it’s a business with three directors and two owners. The company employs seven people, a relatively small team. It operates in the electrical installation, retail of furniture, lighting, and similar, and specialised design activities.

The company’s website, londonlightworks.co.uk, positions itself as a lighting design consultancy and supplier. It offers expert lighting design, consultancy, state-of-the-art lighting control, and blind and shading solutions. It also highlights Atelier Luxus, a division specializing in high-end lighting and bespoke pieces. The site emphasizes technical expertise, customer service, and a commitment to surpassing expectations.

Financially, London Lightworks Ltd shows some positive trends. Cash bank on hand increased by a significant 61% to £740,000, and net assets grew by 20% to £610,000. However, creditors have risen substantially, increasing by 110% to £400,000, which could be a concern. Trade debtors have also decreased by 34%, which may indicate slower payments from customers. 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, but the increase in creditors warrants attention. There's no auditor mentioned, likely due to its status as a small company, so the figures are unaudited.

Overall, London Lightworks Ltd appears to be a growing business with a strong focus on design and customer service. The increase in creditors is something to watch, but the company’s healthy cash position and growing net assets suggest it’s currently financially stable.

Registered in England/Wales under the registration number 10549888, with a registered address at WD24 4YW, England, Watford, Hertfordshire, Axis 5 Rhodes Way.

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