The Lamp Factory Ltd

The Lamp Factory Ltd, based in Croydon, UK, is a small, family-run business with an active status, having been founded fifteen years ago in 2009. Employing sixteen people and holding assets of £571,082, it operates from a real address and is managed by two directors and two owners. The company regularly imports and exports furniture, lighting, and prefabricated buildings—eighteen months of import activity and fourteen months of export activity recorded.

The company’s website showcases a range of bespoke lighting solutions, from traditional designs to modern creations, with a focus on metalwork and antique restorations. It offers table lamps, floor lamps, wall lights, and ceiling lamps, catering to both residential and commercial clients. The website also highlights a separate division dedicated to piano restoration, operating from Cambridge and even boasting a showroom in Harrods.

Financially, The Lamp Factory Ltd presents a mixed picture. While current assets increased slightly to £570,000, net assets have dramatically decreased, falling 99% to just £940. Bank borrowings have also risen significantly, reaching £32,000, and cash reserves have dropped by 75%, settling at £310,000. Creditors have increased substantially, rising by 580% to £280,000, while trade debtors have plummeted by 66%, indicating potential payment issues. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The business seems to be facing some financial challenges, although it maintains a strong brand identity and a diverse range of products. Whether the piano restoration arm can provide additional stability remains to be seen.

Registered in England/Wales under the registration number 06976554, with a registered address at CR0 2BP, England, Croydon, Surrey, Avenue House Workshops, 8-28 Milton Avenue.

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