Netlighting Limited

Netlighting Ltd from Edgware UK: a small, active company founded 17 years ago, employs 11 people, and operates from a virtual address. It’s a family business with two directors and two owners. The company regularly imports and exports furniture, lighting, and prefabricated buildings – 65 months of imports and 37 months of exports recorded. It operates in the retail sale of electrical household appliances in specialised stores.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales strategy. It’s unclear whether they operate an e-commerce site or primarily rely on wholesale channels.

Financially, Netlighting Ltd shows a mixed picture. While the company’s assets remain stable at around £210,000, cash bank on hand decreased by 8.2% to £47,000. Creditors increased by 6.2% to £190,000, and debtors remained steady at £210,000. Equity, however, saw a significant boost, rising 27% to £240,000. 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 maintain agility. The accounts are unaudited, and there’s no auditor mentioned, which is typical for small companies. Dividends of £19,800 were paid to a director and his spouse during the year.

The company’s focus on importing and exporting suggests a business model reliant on international trade. The increase in equity could be a result of retained earnings or new investment. The slight decrease in cash, however, warrants monitoring, and it’s possible they are reinvesting profits back into the business.

Registered in England/Wales under the registration number 06250885, with a registered address at HA8 7JZ, England, Edgware, 14 The Promenade.

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