Lunex Technology Limited

Lunex Technology Ltd, based in Shefford, UK, is a small, active company established twelve years ago in 2012. With a single employee and £752,713 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 55 months of import activity recorded, the latest in January 2025. Export activity is less frequent, with just one month of exports noted back in April 2021.

The company's website showcases a range of automotive lighting products, from halogen bulbs to plasma and xenon options, catering to both retail and wholesale customers. It seems to be an e-commerce business, with a focus on direct sales through its website. The site lists categories like "Automotive Lighting" and "Home Lighting," suggesting a broader product range.

Financially, Lunex Technology Ltd presents a mixed picture. While current assets have increased by a respectable 34% to £750,000, net assets remain stable at £510,000. However, cash reserves have taken a significant hit, plummeting 78% to just £27,000. Creditors have increased substantially, rising by 350% to £240,000, and trade debtors have ballooned by 220% to £560,000. The number of employees has increased from one to three, which could be a sign of growth, or potentially a sign of increased workload. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The increase in debtors suggests that the company may be struggling to collect payments from customers, which could be putting a strain on its cash flow. It's possible that the company is investing in growth, which could explain the increase in creditors, but the sharp decline in cash reserves is concerning. Overall, Lunex Technology Ltd appears to be navigating a period of transition, balancing growth with financial stability.

Registered in England/Wales under the registration number 08227086, with a registered address at SG17 5HQ, United Kingdom, Shefford, Unit 9d Shefford Industrial Park, Old Bridge Way.

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