Richard Hathaway Lighting Limited

Richard Hathaway Lighting Ltd, based in Weston-Super-Mare, UK, is a small, family-run business with an active status. Established 23 years ago in December 2001, it employs 11 people and holds £396,743 in assets. The company operates from a virtual address, a detail flagged by the registration of 81 other companies at the same location. It's managed by three directors and owned by two individuals, though the list of owners was updated nine years ago.

The company specializes in the retail sale of audio and video equipment, as indicated by its website. Richard Hathaway Lighting offers a wide range of lighting solutions, including ceiling lights, wall lights, picture lights, and outdoor lighting. The website features an easy-to-navigate design, showcasing products with clear images and descriptions. Customers can browse categories, search for specific items, and even sign up for a newsletter. The website also provides contact information, including a phone number and address, and highlights its commitment to customer service.

Financially, Richard Hathaway Lighting Ltd’s recent performance presents a mixed picture. While current assets increased slightly to £400,000, net assets experienced a significant drop, falling 84% to just £7,500. Bank borrowings remained relatively stable at £35,000, but cash reserves declined by 10% to £78,000. Trade debtors increased dramatically, rising by 230% to £120,000, suggesting potential difficulties in collecting payments. Creditors also increased, rising by 29% to £380,000. The company’s small size—meeting two of three conditions for classification as a small company—means it’s exempt from an audit, and the figures are unaudited. The decrease in equity is a notable concern, though it could be attributed to various factors, such as increased investment in inventory or working capital. The company’s reliance on a virtual address, while common, could also raise questions about its operational stability.

Registered in England/Wales under the registration number 04333404, with a registered address at BS23 1NF, United Kingdom, Weston-Super-Mare, Somerset, 34 Boulevard.

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