Underwater Lights Limited

Underwater Lights Limited, based in Dunton Green, Sevenoaks, UK, is a small, active company established 36 years ago. Employing five people, it holds assets of £2,174,703 and operates from a real address. The company, founded by a solo entrepreneur, is managed by two directors and one owner. It boasts a respectable Google rating of 4.0 based on a single review. Underwater Lights regularly imports electrical machinery and equipment, and exports furniture, lighting, and prefabricated buildings – a long-standing practice spanning 179 months.

The company's website, uwlunderwaterlights.com, positions itself as a specialist in underwater lighting solutions for yachts, boats, and marine environments. It offers LED upgrades, retrofitting services, and even manufactures its own lighting products. The website highlights a commitment to high-quality manufacturing, with a new 5,000 sq ft facility operational since early 2023. It’s clear the company caters to a niche market, offering bespoke solutions and even disaster recovery services for damaged pianos – a surprising, related venture.

Financially, Underwater Lights Limited shows a mixed picture. While current assets increased by 6.9% to £2,200,000, net assets jumped 11% to £3,000,000. However, cash reserves decreased by 8.8% to £1,400,000, and bank borrowings surged by a significant 2,400%, reaching £29,000. Creditors also decreased by 86%, which is a good sign. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the increase in bank borrowings and decrease in cash reserves suggests it may be relying on external funding. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Underwater Lights Limited appears to be a well-established niche player, but its financial health is something to watch. The company’s long history and commitment to quality are strengths, but the recent increase in borrowing suggests it may be investing heavily in growth—or facing some financial pressures.

Registered in England/Wales under the registration number 02348038, with a registered address at TN13 2TD, Dunton Green Sevenoaks, Kent, The Great Dunton Forge, London Road.

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