Maxilux Lighting Ltd

Maxilux Lighting Ltd, based in Leamington Spa, UK, is a small holding company with an active status, having been incorporated 31 years ago in November 1993. The company employs 24 people and holds £1,384,111 in assets. With four directors and one owner, it operates from a real address and has been importing electrical machinery and equipment regularly for 145 months, with the last import occurring in August 2024. Export activity is much less frequent, with just two months of exports recorded, the last in May 2023.

The company's website, Maxilux Systems, positions itself as a provider of industrial IoT solutions. It designs, delivers, and deploys bespoke IoT systems, focusing on areas like industrial indication, sensing systems, and computer vision. Their target industries include intralogistics, indoor agriculture, manufacturing, and retail, offering solutions for asset tracking, environmental monitoring, and process automation. The website also highlights a separate entity, Maxilux Lighting Eot Trustees Ltd, suggesting a complex ownership structure.

However, a review of the company’s financials reveals a concerning trend. Current assets have plummeted by 54%, dropping to £1,400,000, while net assets have fallen a staggering 59%, settling at £1,100,000. Bank cash reserves have also taken a hit, decreasing by 71% to just £420,000. Trade debtors have also decreased, which is a positive sign. While the company's small size (meeting two of three criteria for being a small company) allows for agility, the sharp decline in equity raises questions about its financial health. Borrowings have also increased, suggesting the company may be relying on credit to maintain operations. There is no auditor mentioned, which is typical for small companies.

In conclusion, Maxilux Lighting Ltd appears to be facing financial headwinds despite its active import activity and specialized IoT offerings. The company’s future hinges on its ability to stabilize its equity and manage its debts effectively.

Registered in England/Wales under the registration number 02868064, with a registered address at CV32 4BN, United Kingdom, Leamington Spa, Warwickshire, Euston House, 12 Euston Place.

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