Pslab Limited

PSLab Lighting Design, based in London, UK, is a small holding company with an active status. Founded eight years ago in 2017, it employs just six people and has a real registered address. The company is led by two directors and has one owner, boasting a stellar 5.0 Google rating from three reviews. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 18 months of import activity recorded, the latest in December 2024.

The company’s website highlights its focus on lighting design, suggesting a B2B operation catering to commercial and industrial clients. While it doesn't explicitly state whether it operates an e-commerce platform, the emphasis on design and bespoke solutions points towards a more consultative sales approach.

Financially, PSLab Lighting Design presents a mixed picture. Creditors decreased by a significant 7.6%, indicating improved debt management, and cash bank on hand increased by 28% to £440,000. However, net assets declined by 11% to -£33,000, and fixed assets saw a 52% drop to £36,000. Trade debtors also fell by 29%, which could be a positive sign of quicker payments, or a reduction in sales. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The financial statements were audited by Sumer Auditco Limited.

Despite the negative equity, the increase in cash reserves suggests the company is managing its short-term obligations effectively. The decrease in fixed assets, however, could be due to depreciation or strategic asset disposals. The company's focus on lighting design, combined with its strong Google rating, positions it well to capitalize on the growing demand for energy-efficient and aesthetically pleasing lighting solutions—but the financial challenges it faces will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 10774188, with a registered address at SE1 4QG, United Kingdom, London, 22 Wild's Rent.

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