Mandylights Uk Ltd

Mandylights Uk Ltd is a small, active company from Blaydon On Tyne, UK, established seven years ago in June 08, 2017. With four employees and £682,289 in assets, it operates from a real address at Unit 2 Shibdon Business Park, and is overseen by five directors and one owner, Neville Richard Scott. The company regularly imports and exports electrical machinery and equipment, with 17 months of import activity and 12 months of export activity recorded.

The company's website highlights a focus on "light, show design, visual design, light art, production, and immersion." It positions itself as a provider of creative solutions, showcasing work in immersive events, concerts, and light art installations. It’s clear that Mandylights is a creative production company, and it has a registered trademark.

Financially, Mandylights Uk Ltd presents a mixed picture. Current assets have increased significantly by 70% to £680,000, while net assets have increased by a whopping 4900% to £400,000. However, bank borrowings have also increased by a substantial 200% to £50,000, and cash reserves have decreased by 86% to just £5,100. Creditors have also increased by 22%, suggesting a greater reliance on short-term financing. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

The significant increase in net assets is encouraging, but the decrease in cash reserves and increased borrowings raise concerns about the company's liquidity. It seems that Mandylights is investing in growth, but it needs to carefully manage its cash flow to avoid financial strain. The company’s reliance on external financing may also make it vulnerable to changes in interest rates or credit conditions.

Registered in England/Wales under the registration number 10810587, with a registered address at NE21 5TX, England, Blaydon On Tyne, Unit 2 Shibdon Business Park Shibdon Business Park, Cowen Road.

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