Swann Lighting Limited

Swann Lighting Ltd from Lincoln UK: a small, active company founded 11 years ago, employs just two people, and holds £263,758 in assets. It’s a real address, managed by one director and two owners, and operates an e-commerce site. The company regularly imports furniture, lighting, and prefabricated buildings – a consistent pattern over the past 19 months, with the last import occurring in September 2024. Swann Lighting Ltd operates in the manufacture of electric lighting equipment.

The company’s website, while not extensively detailed, confirms its focus on lighting solutions, suggesting a B2B model catering to commercial and industrial clients. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Swann Lighting Ltd presents a mixed picture. Current assets have increased by a healthy 30%, reaching £260,000, while net assets have surged an impressive 220%, settling at £66,000. However, bank borrowings have decreased by 20%, falling to £42,000, and cash reserves have plummeted 92%, leaving just £6. Creditors have increased by 6.5%, reaching £200,000, and trade debtors have jumped 81%, reaching £120,000. The increase in debtors could indicate a shift in payment terms or a larger volume of sales. The company’s small size helps it remain agile, but the significant drop in cash reserves is a point to watch. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

The company’s recent increase in employees, from two to four, is a positive sign, but it will be interesting to see if this translates into improved financial performance in the coming months.

Registered in England/Wales under the registration number 09042457, with a registered address at LN1 2WE, Lincoln, Lincs, Highcliffe Business Park The Cliff, Ingham.

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