The Lighting Gallery Limited

The Lighting Gallery Limited, based in London, UK, is a small, active company founded nine years ago in 2016. Employing six people and holding assets of £397,426, it operates from a real address and is led by two directors and a solo founder. The company regularly imports furniture, lighting, and prefabricated buildings (seven months of imports) and exports electrical machinery and equipment (five months of exports).

The Lighting Gallery’s website paints a picture of a luxury lighting retailer specializing in design, supply, and installation. It caters to residential, commercial, and luxury projects, offering a comprehensive design service and even boasting 40 years of collective experience. The site highlights a focus on bespoke designs and a commitment to reflecting the unique personalities of its clients. It’s a pretty slick operation, with a clear emphasis on high-end service.

Financially, things are a little more complicated. While current assets have decreased by 15% to £400,000, net assets have plummeted a significant 80% to -£440,000. Bank borrowings have also increased, and cash reserves have fallen considerably. Creditors have also increased, suggesting a need to manage debts. 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 agility, but the sharp decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, The Lighting Gallery Limited appears to be facing some financial headwinds. While its website and service offerings suggest a focus on high-end design and customer satisfaction, the financial data indicate a need for careful management. Whether the company can navigate these challenges and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 10110946, with a registered address at NW10 7LQ, United Kingdom, London, Kiran House, 53 Park Royal Road.

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