Turn Off The Lights Ltd

Turn Off The Lights Ltd is a small, active company based in Ramsgate, UK, founded four years ago in September 2020. It’s a solo founder operation with one employee and £31,387 in assets, operating from a virtual address shared by sixteen other companies. The company, led by a single director and owner, Metua Hannah, runs an e-commerce site specializing in handcrafted soy candles and related products.

The website, Turn Off The Lights, showcases a range of candles, reed diffusers, and candle-making workshops. It's a unique concept where customers can donate tin cans to be transformed into candle vessels, emphasizing sustainability and creativity. The business has expanded to include a physical shop in Canterbury, offering candle-making classes and a retail space. The website even offers "Pour With Us!" events and limited edition private candle-making experiences. It’s clear they’re focused on engaging customers and building a community around their craft.

Financially, Turn Off The Lights Ltd shows a mixed picture. Cash bank on hand increased significantly by 1400%, reaching £26,000, which is good news. However, net assets decreased by 56%, landing at -£830, and creditors increased by 100% to £12,000. Trade debtors decreased by a large 52%, which could indicate a slowdown in customer payments. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity suggests potential financial pressures. With no auditor mentioned, the accounts are unaudited.

Overall, Turn Off The Lights Ltd appears to be a creative and engaging business, but the financials reveal a need for careful management. The increase in cash is encouraging, but the company will need to address the declining equity and manage its creditors effectively to ensure its long-term success.

Registered in England/Wales under the registration number 12888248, with a registered address at CT12 6SN, England, Ramsgate, 427 Margate Road.

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