One Eighty Light Ltd

One Eighty Light Ltd from Exeter UK: a small, active company founded 10 years ago, employs three people, and holds £49,190 in assets. It operates from a virtual address – a fact highlighted by the presence of 121 other companies registered at the same location – and is a family business led by two directors and two owners. The company regularly imports furniture, lighting, and prefabricated buildings, with 19 months of import activity recorded, the latest being April 2024.

The company’s website showcases a focus on architectural lighting design and project-based work. It's not a traditional e-commerce site, but rather a portfolio and information hub. The site highlights completed projects for high-profile clients like Mansion House and Burges Salmon, demonstrating expertise in bespoke lighting solutions. Featured brands and a bulletin section keep visitors updated on industry events and new products, suggesting a focus on building relationships within the architectural community.

Financially, One Eighty Light Ltd shows a mixed picture. Current assets have increased by 38% to £49,000, but net assets have decreased by 33% to -£310,000. Bank borrowings have decreased by 25% to £17,000, while trade debtors have increased dramatically by 260% to £21,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the negative equity is concerning. Creditors have decreased by 21%, which is a positive sign, but the lack of cash reserves—just £10—is a worry. As a small company, it’s exempt from an audit, so the financial information is unaudited.

It seems One Eighty Light Ltd is navigating a challenging financial landscape despite its strong reputation for architectural lighting design. The company’s focus on high-end projects and industry relationships may help it weather the storm, but careful financial management will be crucial for its long-term success.

Registered in England/Wales under the registration number 09098341, with a registered address at EX2 5AZ, England, Exeter, Courtenay House, Pynes Hill.

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