Lighting By Plum Ltd

Lighting By Plum Ltd, based in Hemel Hempstead, UK, is a small, family-run business with an active status. Founded six years ago in 2018, the company employs five people and holds £181,980 in assets. It operates from a virtual address, registered to 96 other companies, and is managed by two directors and two owners. The company boasts a perfect 5.0 Google rating based on two reviews. It's an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded just two months ago.

The company’s website, Lighting By Plum, describes itself as a specialist in design activities, though it doesn’t appear to be an e-commerce site. It’s unclear if they have a physical showroom or operate solely through design consultations. The company’s LinkedIn page highlights a focus on bespoke lighting solutions and interior design projects.

Financially, Lighting By Plum Ltd presents a mixed picture. Cash bank on hand increased by 18% to £170,000, a positive sign. However, net assets remained constant at £140,000. Debtor values increased by 50% to £12,000, which could indicate a growth in sales but also potential issues with collecting payments. Creditors also rose by 49% to £69,000, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants monitoring. With no auditor mentioned, the figures are unaudited.

Overall, Lighting By Plum Ltd seems to be operating steadily, but the rise in debt should be kept an eye on. The company's focus on specialized design and its family-run nature suggest a commitment to quality and personalized service, which could be key to its long-term success.

Registered in England/Wales under the registration number 11381723, with a registered address at HP2 7TE, England, Hemel Hempstead, Hertfordshire, 4 Grovelands Boundary Way.

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