Serene Lighting Limited

Serene Lighting Ltd from Birmingham UK: small company, active status, founded 8 years ago, 11 employees, £311,541 assets, real address, 1 director, 1 owner, e-commerce site. Regular importer of none (8 months imported). It’s a B2B lighting wholesaler with an array of stylish decorative lighting, catering to trade customers. The company operates from a unit in Birmingham and boasts a website showcasing a wide range of pendants, wall lights, floor lamps, and table lamps. The website also highlights a focus on trade accounts and a new range of lighting fixtures.

While the company's website is active and well-designed, the financial picture reveals some challenges. Current assets have decreased by 23%, dropping to £310,000, and net assets have plummeted 73% to just £11,000. Bank borrowings have remained steady at £21,000, but cash reserves have fallen 30% to £11,000. Creditors have also decreased by 23%, suggesting better debt management, but the significant drop in equity is a cause for concern. The company’s small size (meeting two of three conditions for a small company) helps it stay nimble, but the sharp decline in equity raises questions about its financial health. There’s no auditor mentioned, which is typical for small companies.

The company’s trade debt has also decreased by 12%, which could be a positive sign, but it’s important to note that the company’s liabilities have also increased. The company’s last reported employee count was 1, a significant drop from the previous 11, indicating a potential restructuring or reduction in workforce. The company’s focus on trade accounts and stylish lighting suggests a targeted approach to the B2B market, but the financial results highlight the need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 10263130, with a registered address at CF14 8LH, Cardiff, 10263130 - COMPANIES HOUSE DEFAULT ADDRESS.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.