Lumiq Ltd

Lumiq Ltd is a small, active company based in London, UK, founded just one year ago in August 2023. It's a solo-founder operation with a single director and owner, boasting £1,000,020 in assets. The company operates from a virtual address, sharing space with 91,336 other businesses, which is a little strange. Lumiq Ltd focuses on retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets.

The company’s website, LUMIQ, positions itself as a wealth management platform leveraging AI to empower advisors. It's not an e-commerce site in the traditional sense; instead, it offers a SaaS platform for financial professionals, focusing on Smart Portfolio Creation, Optimisation, and Goals-based Financial Planning. The site highlights advanced machine intelligence, proprietary forward-looking engines, and institutional expertise—all geared toward helping advisors meet performance expectations. They even mention a "top 4 RoboAdvisor" award, which is impressive.

Financially, Lumiq Ltd presents a mixed picture. While current assets remain steady at £1,000,000, bank cash has remained at a modest £20. Trade debtors and creditors are also steady at £1,000,000 each. Equity is also steady at £1,000,000. 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 agile. The lack of employees (zero reported) hints at a lean operation. The accounts are abridged and unaudited, so the numbers rely on director-reported data.

Overall, Lumiq Ltd seems to be holding steady, but the low cash reserves and reliance on director-reported data raise questions about its long-term sustainability. The company's focus on a niche market—wealth management technology—and its emphasis on AI-driven solutions suggest a potential for growth, but it will need to carefully manage its finances and continue to innovate to succeed.

Registered in England/Wales under the registration number 15072094, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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