Zig Zag Lighting Limited

Zig Zag Lighting Ltd from Otley UK: a small, active company founded 23 years ago, employs five people, and holds £133,387 in assets. Operating from a virtual address shared by 61 other companies, it’s led by two directors and a single owner, who is also the solo founder. The company boasts a respectable Google rating of 4.0 based on four reviews. It’s an irregular importer, bringing in electrical machinery and equipment, with its last import activity recorded one month ago.

The company’s website, zigzaglighting.co.uk, reveals a fascinating history. Originally established in 1983 as a joint venture, Zig Zag Lighting split into two distinct entities: Zig Zag Lighting North (based in Leeds) and Zig Zag Lighting (in London). While both operate under the same branding, they’re now independent businesses collaborating on larger projects. The company specializes in stage and event lighting, catering to a diverse clientele ranging from world-famous artists to businesses needing lighting for conferences, fashion shows, and product launches. They offer a complete package, from design and visualization to equipment hire and on-site operation, and even provide sales and installation services.

Financially, Zig Zag Lighting Ltd is showing some concerning trends. Current assets have decreased by 26% to £130,000, and net assets have plummeted 76% to just £16,000. Bank borrowings are steady, and cash reserves have fallen by 22% to £81,000. Creditors are also down, which is good, but the significant drop in equity is a red flag. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the substantial equity decline warrants closer scrutiny. With no auditor mentioned, the financial statements are unaudited.

Overall, Zig Zag Lighting Ltd appears to be navigating a challenging period. While its established reputation and diverse service offerings provide a solid foundation, the declining equity suggests it's burning through money. The company’s two-pronged approach—with its North and London operations—could be a strength, but it also introduces complexity.

Registered in England/Wales under the registration number 04419732, with a registered address at LS21 3JP, United Kingdom, Otley, West Yorkshire, Pegholme, Bays 61-65 Wharfebank Mills, Ilkley Road.

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