Lux Network Ltd
- Small
- Active
- 2 years
- 1 employee
- £90 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Lux Network Ltd, based in London, UK, is a small, active company founded two years ago. It’s a solo founder operation with one director and one employee, holding just £90 in assets and utilizing a virtual address. The company operates in both retail sales via mail order and internet, as well as the education sector.
The company’s website showcases a different story. Lux Network positions itself as a telecom operator specializing in cutting-edge technology and interconnectivity. It offers a wide range of services, including optical services, switched Ethernet, internet access solutions, and data center interconnect. The site emphasizes simplifying connectivity for businesses, providing solutions for digital transformation, and offering private cloud access. It also highlights services like SDWAN solutions, internet exchange connectivity, and global connectivity expertise. The website is very professional, and it’s clear they are targeting enterprise clients looking to modernize their network infrastructure. It's a very ambitious vision for a company with only one employee.
Financially, Lux Network Ltd presents a concerning picture. While it’s a small company (meeting two of three conditions for small business status), its financial health is shaky. Current assets have plummeted by a staggering 97%, dropping from £2,600 to just £90. Equity, however, has skyrocketed from a negative £79 to a positive £2,500—a remarkable turnaround, but potentially masking underlying issues. Bank borrowings have also seen a significant decrease, but cash reserves are critically low. Trade debtors have vanished completely, and other creditors have become a liability. The lack of employees, combined with the dramatic shift in asset values, suggests a company either burning through cash rapidly or struggling to generate revenue. The absence of an auditor (likely due to small company status) means these figures are unaudited, so caution is warranted.
In short, Lux Network Ltd’s website paints a picture of a modern telecom provider, but its financial data reveals a company in a precarious position. Whether it can sustain its ambitions with such limited resources remains to be seen.
Registered in England/Wales under the registration number 14108419, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Abbasi Amir Ahmad
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Abbasi Amir Ahmad
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2024-05-31Download 8 pages pdf report
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Confirmation statement made on 2024-05-23 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-05-31Download 8 pages pdf report
FAQ about Lux Network Ltd
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