Lumatek Ltd

Lumatek Ltd, based in Rochester, UK, is a small, active company founded fourteen years ago in 2010. With just two employees and £7,482,756 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports electrical machinery and equipment – a consistent activity over the last 76 months – and exports furniture, lighting, and prefabricated buildings for the last 13 months.

Lumatek Ltd specializes in professional grow lighting solutions for wholesale, indoor growing, and large horticultural projects. Its website showcases a wide range of LED lights, HID fixtures, and accessories, catering to both hobbyists and large-scale commercial operations. The site also features educational content, including articles on plant stress and agricultural research, demonstrating a commitment to expertise and customer support.

Financially, Lumatek Ltd presents a mixed picture. While cash reserves increased significantly, jumping 570% to £2,700,000, net assets took a sharp dive, dropping 82% to £150,000. This is partly due to a surge in bank borrowings, which increased by 5,400% to £72,000, and a decrease in retained earnings. Trade debtors also grew substantially, rising 89% to £2,900,000, potentially indicating challenges in collecting payments. Creditors, however, decreased slightly, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decline in equity is a concern. No auditor is mentioned, which is common for companies of this size.

The increase in loans from directors is notable, suggesting the company may be relying on personal investment to support operations. The decrease in recoverable VAT is also something to keep an eye on. Overall, Lumatek Ltd seems to be navigating a period of change, balancing growth with financial pressures.

Registered in England/Wales under the registration number 07425230, with a registered address at ME2 4FX, Rochester, Kent, Suite 1 Christchurch House, Beaufort Court, Sir Thomas Longley Road.

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