Orlight Limited

Orlight Ltd, based in St. Albans, UK, is a sizable holding company with an active status, having operated for 28 years. Employing 92 people and holding assets of £19,777,450, it's a significant player in its sector. The company, with nine directors and one owner, maintains a real address and runs an e-commerce site, earning a perfect 5.0 Google rating from 25 reviews. Orlight regularly imports electrical machinery and equipment (471 months) and exports furniture, lighting, and prefabricated buildings (71 months).

The company’s website showcases a broad range of commercial lighting solutions, from tracklights to exterior lighting, catering to both residential and commercial clients. They also offer a dynamic product finder, highlighting their commitment to customer service. A recent focus on Environmental Product Declarations (EPDs) demonstrates a growing awareness of sustainability, with a dedicated EPD Factsheet available. They’re currently celebrating a number of projects, including work at One Leadenhall and Space House, and even supply products to 60 Sloane Avenue.

Financially, Orlight Ltd presents a mixed picture. While turnover increased by 24%, reaching £8.4 million, net assets declined by 15% to £12 million. Cash reserves fell by 3.4% to £4.2 million, and bank borrowings were reduced by 50% to £99,000. Creditors decreased by 56%, a positive sign, but the increase in director remuneration by 36% to £320,000 may indicate a shift in priorities. The company’s workforce expanded by 16%, reaching 110 employees, which could be a response to increased demand or a strategic investment in growth. The accounts are audited by Silver Levene (UK) Limited, lending credibility to the reported figures.

Overall, Orlight Ltd appears to be navigating a period of change. While the company’s revenue is growing, the decrease in net assets suggests a need for careful financial management. The expansion of the workforce and increased director remuneration may be investments in future growth, but it's important to monitor these trends closely.

Registered in England/Wales under the registration number 03331729, with a registered address at AL2 2FL, St. Albans, Parkbury Unit 3 Victor Way, Colney Street.

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