Theralux Limited

Theralux Limited is a small, active company based in Wokingham, UK, founded just one year ago in May 2023. With £1,562 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner. The business operates in the retail sale via mail order houses or via internet industries. It employs just one person.

The company’s website, while not directly linked, suggests a focus on online retail, although specific product details are unavailable. The business is registered with one other company at the same address, indicating a likely real address. It’s a tight-knit operation with one director and one owner, and the sole founder is listed as Michael Oates.

Financially, Theralux Limited presents a mixed picture. Current assets are reported at just £1,600, while net assets are a modest £1,400. Cash on hand is £1,400, and creditors stand at £7,600. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the relatively high creditors compared to assets suggest a need to manage cash flow. The company’s bank borrowings are zero, and the director is satisfied that the company is entitled to exemption from the requirement to obtain an audit.

The company's accounts are described as "Filleted Accounts" and were prepared using VT Final Accounts software. The accounts state that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Registered in England/Wales under the registration number 14854448, with a registered address at RG40 1SW, England, Wokingham, Berkshire, 234 London Road.

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