Vierlight Limited

Vierlight Limited, based in Rettendon, UK, is a small holding company with an active status. Founded eleven years ago in 2014, the company employs four people and holds £649,811 in assets. It has four directors and one owner, and operates from a real address at Unit 4 Runwell Hall, Hoe Lane, CM3 8DQ. Vierlight is a regular importer of electrical machinery and equipment, with ten months of import activity recorded, the latest in November 2024. The company’s website is currently unavailable.

Vierlight Limited operates in the manufacture of electric lighting equipment industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is owned by Vier Group Ltd, with Lempriere Lea, Hannaford Alison, Hannaford John, and Lempriere Jamie Jason serving as directors.

Financially, Vierlight Limited shows a mixed picture. Current assets decreased slightly to £650,000, while net assets increased to £590,000. Cash reserves increased significantly to £260,000, and bank borrowings decreased. Trade debtors decreased substantially, suggesting better management of customer payments, but other creditors increased. The company’s net losses decreased, indicating improved profitability. Despite the positive trends, the company’s reliance on retained earnings for growth is noticeable. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s growth in recent years has been steady, but the increased reliance on bank borrowings suggests a need for careful financial management. The company’s focus on importing electrical equipment, combined with its holding company status, indicates a potential strategy of sourcing components or finished goods for distribution or further processing.

Registered in England/Wales under the registration number 08990473, with a registered address at CM3 8DQ, England, Rettendon, Essex, Unit 4 Runwell Hall, Hoe Lane.

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