Ray Lighting Ltd

Ray Lighting Ltd, based in Cheltenham, UK, is a small, active company established five years ago. With two employees and £419,990 in assets, it operates from a virtual address – a detail flagged by the registration of seventy-six companies at the same location. The business is led by three directors and owned by two individuals, Mccune Simon and Wilkin Jason Jack David. It’s a regular importer of furniture, lighting, and prefabricated buildings (six months of activity, last in April 2024) and a regular exporter of electrical machinery and equipment (four months of activity, also last in April 2024). The company operates in the manufacture of electric lighting equipment industries.

While the business doesn't have a readily available website, its financial data paints a mixed picture. Accumulated amortisation impairment intangible assets increased by 36%, and cash bank on hand surged a remarkable 110% to £72,000 – a positive sign. However, creditors decreased by 17%, and other inventories dropped by 18% to £340,000, which might indicate a need to manage stock levels. Bank borrowings increased slightly by 2.5%, and trade debtors grew by 71%, suggesting customers are taking longer to pay. Net assets increased by 69% to £99,000, and net current assets increased by 38% to £120,000.

As a small company (meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), Ray Lighting Ltd benefits from flexibility. The significant increase in cash reserves is encouraging, but the rise in trade debtors warrants attention. The company’s small size means it’s exempt from an audit, so the financial data is unaudited. The directors, Moore Steven, Mccune Simon, and Wilkin Jason Jack David, are responsible for the accounts.

Registered in England/Wales under the registration number 12281196, with a registered address at GL53 0AN, United Kingdom, Cheltenham, Gloucestershire, Units 4 & 5 Rockfield Business Park, Old Station Drive.

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