Do you have a dispute with a business?
Make it public
GLAMOX LUXONIC LIMITED
17 PRIESTLEY ROAD, BASINGSTOKE, HAMPSHIRE, RG24 9JPPrevious name: LUXONIC LIGHTING LIMITED (changed on 02-Jun-2020)
Company Number: 02024289
Incorporation date: 30-May-1986
Status: Active
Entity type: Private Limited Company
SIC codes:
27400 Manufacture of electric lighting equipment
SUMMARY
This company is 37.9 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -987.2 thousand which has worsened since the previous year's figure of GBP -17.7 thousand. The latest reported revenue figure is GBP 20.3 million which is similar to the previous year's figure of GBP 20.4 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -4.7 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 7 active officers (directors or partners) who are or were officers of 6 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 20,313,283 | -1,996,402 | 25,653 | 589,521 | -2,039,415 | |
31-Dec-2021 | GBP | 20,380,025 | -3,343,987 | 291 | 65,030 | 65,216 | -3,473,942 |
31-Dec-2020 | GBP | 19,263,847 | -713,200 | 138,203 | -791,736 | ||
31-Dec-2019 | GBP | 17,211,824 | 469,122 | 68,569 | 59,354 | 341,199 | |
31-Dec-2018 | GBP | 16,737,681 | 260,753 | 79,932 | -36,117 | 216,938 | |
31-Dec-2017 | GBP | 17,608,196 | -328 | 59,517 | -318,556 | 258,711 | |
31-Dec-2016 | GBP | 28,839,071 | 2,404,694 | 59,583 | 544,075 | 1,801,036 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 1,058,930 | 7,425,712 | 16,397,034 | 1,550,989 | 58,824 | 262,721 | -4,736,048 | -987,173 |
31-Dec-2021 | GBP | 2,805,320 | 9,749,443 | 5,245,783 | 12,936,199 | 58,824 | 262,721 | -2,696,633 | -17,654 |
31-Dec-2020 | GBP | 1,049,495 | 8,004,760 | 7,579,356 | 1,993,223 | 58,824 | 262,721 | 777,309 | 3,456,288 |
31-Dec-2019 | GBP | 164,992 | 7,262,882 | 4,975,216 | 2,255,977 | 58,824 | 262,721 | 2,986,658 | 5,665,637 |
31-Dec-2018 | GBP | 6,121,616 | 5,802,302 | 1,044,967 | 58,824 | 262,721 | 2,645,459 | 4,801,215 | |
31-Dec-2017 | GBP | 27,839 | 7,877,053 | 6,031,025 | 1,304,243 | 58,824 | 262,721 | 4,028,534 | 6,184,290 |
31-Dec-2016 | GBP | 1,400,560 | 7,250,024 | 5,264,328 | 1,550,249 | 52,632 | 15,621 | 4,070,412 | 5,972,876 |
31-Aug-2015 | GBP | 52,632 | 15,621 | 2,669,375 | 3,215,205 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2017 | GBP | 10.53% | 253,292 | 2,152,982 | 2,406,274 | 2,992,675 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Tina-Louise BATSFORD | 01 Sep 2014 | 01 Feb 2022 | 0 - 1 | ||
Resigned | John GOODMAN | 01 Jun 2000 | 24 Jun 2014 | Accountant | British | 4 - 7 |
Resigned | Allan Webster RAMSAY | 01 Dec 1998 | 31 May 2000 | 0 - 5 | ||
Resigned | Andrew Paul VINCENT | 23 Jun 1998 | 19 Jan 1999 | 0 - 6 | ||
Resigned | Jane Elizabeth DYSON | 16 Mar 1998 | 23 Jun 1998 | 0 - 1 | ||
Resigned | David Reginald LOWIN | 22 Jan 1996 | 31 Jan 1998 | 0 - 4 | ||
Resigned | John GOODMAN | 01 Jul 1991 | 22 Jan 1996 | British | 4 - 7 | |
Resigned | Rosemary LENNON | 30 Jun 1991 | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Astrid Simonsen JOOS | 01 Aug 2022 | Chief Executive Officer | Norwegian | 1 - 0 | 0 (0.0%) | |
Active | Koorosh Hojatollah TALEGHANI | 01 Jun 2022 | Finance Director | British | 1 - 1 | 1 (50.0%) | |
Active | Geir HAUKEDAL | 31 Mar 2022 | Chief Financial Officer | Norwegian | 1 - 0 | 0 (0.0%) | |
Active | David Edward HUNT | 18 Feb 2021 | Company Director | British | 4 - 1 | 0 (0.0%) | |
Resigned | Thomas LINDBERG | 30 Apr 2019 | 31 Mar 2022 | Chief Finance Officer | Norwegian | 2 - 3 | 1 (20.0%) |
Active | Knut Syltevig RUSTEN | 30 Apr 2019 | Senior Vice President | Norwegian | 1 - 2 | 1 (33.3%) | |
Active | Meelis PETERSON | 30 Apr 2019 | Senior Vice President | Estonian | 1 - 2 | 1 (33.3%) | |
Resigned | Rune Edvin MARTHINUSSEN | 30 Apr 2019 | 31 Jul 2022 | Chief Executive | Norwegian | 0 - 3 | 1 (33.3%) |
Active | Thomas LINDBERG | 30 Apr 2019 | Chief Finance Officer | Norwegian | 3 - 0 | 1 (33.3%) | |
Resigned | Tina-Louise BATSFORD | 06 Apr 2017 | 01 Feb 2022 | Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Martyn WHERRY | 01 Sep 2014 | 30 Apr 2019 | Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Raymond Joseph CONBOY | 06 Apr 2005 | 30 Apr 2019 | Sales Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Philip Henry MYLES | 17 Sep 2001 | 31 Oct 2004 | General Manager | British | 0 - 2 | 0 (0.0%) |
Resigned | Michael SWINGLER | 20 Dec 2000 | 28 Feb 2003 | Chairman | British | 0 - 12 | 4 (33.3%) |
Resigned | John GOODMAN | 01 Jun 2000 | 24 Jun 2014 | Accountant | British | 4 - 7 | 4 (36.4%) |
Resigned | John HARDMAN | 04 Jan 1999 | 12 Jul 1999 | General Manager | British | 0 - 2 | 1 (50.0%) |
Resigned | Allan Webster RAMSAY | 01 Dec 1998 | 31 May 2000 | Finance Director | British | 0 - 5 | 2 (40.0%) |
Resigned | John, Sir TAVARE | 31 Oct 2000 | Director | British | 0 - 3 | 1 (33.3%) | |
Resigned | Neil Trevis SHELTON | 06 Apr 2017 | Director | British | 0 - 2 | 0 (0.0%) | |
Resigned | Brian MORGAN | 15 Sep 1996 | Director | British | 0 - 1 | 0 (0.0%) | |
Resigned | Nicholas TAVARE | 18 Feb 2021 | Director | British | 0 - 2 | 0 (0.0%) |
Average tenure of active directors: 3.3 years
Average tenure of resigned directors: 3.7 years
Average active director Dissolution Rate: 21.4%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
||||||||
---|---|---|---|---|---|---|---|---|
PROGRAM LIGHTING LIMITED (01277541) - Active | ✔ | ✔ | ✔ | |||||
RICH PRODUCTS LIMITED (01847615) - Active | ✔ | |||||||
GLAMOX LUXONIC LIMITED (02024289) - Active | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | |
LITE IP LIMITED (08317714) - Active | ✔ | |||||||
SOLENT ACADEMIES TRUST (08374351) - Active | ✔ | |||||||
LUXONIC GROUP LIMITED (10631138) - Active - Proposal to Strike off | ✔ | ✔ | ✔ | ✔ | ||||
THE SPRINGBOARD PARTNERSHIP LTD (12848436) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2018-04-06 | 2017-04-06 | 2017-03-05 | 2016-03-05 | 2015-03-05 | ||
LUXONIC GROUP LIMITED | ORDINARY | 58,824 100% | 52,632 100% | 0 0% | 0 0% | 0 0% |
NICHOLAS TAVARE | ORDINARY | 0 0% | 0 0% | 37,500 71.2% | 37,500 71.3% | 37,500 71.3% |
NEIL TREVIS SHELTON | ORDINARY | 0 0% | 0 0% | 12,500 23.7% | 12,500 23.8% | 12,500 23.8% |
RAYMOND JOSEPH CONBOY | ORDINARY | 0 0% | 0 0% | 2,632 5.00% | 2,631 5.00% | 2,631 5.00% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
GLAMOX LUXONIC LIMITED
Controlled companies below
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
Title | Date filed | Status | Publication number |
---|---|---|---|
Housing for an electrical connection | 2015-10-16 | Granted | GB2534965 |
COMPETITORS
(Based on Sic code:
27400 Manufacture of electric lighting equipment)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
FEILO SYLVANIA EUROPE LIMITED | AVIS WAY, NEWHAVEN, EAST SUSSEX, BN9 0ED | 02721634 | 2017-12-31 | 199,683,000 | -12,301,000 | |
F.W. THORPE PUBLIC LIMITED COMPANY | MERSE ROAD, NORTH MOONS MOAT, REDDITCH, B98 9HH | 00317886 | 2018-06-30 | 109,614,000 | 16,110,000 |
27900-Manufacture of other electrical equipment |
EATON ELECTRICAL SYSTEMS LIMITED | 252 BATH ROAD, SLOUGH, BERKSHIRE, ENGLAND, SL1 4DX | 03012749 | 2017-12-31 | 93,430,000 | -1,764,000 | |
BRITISH ELECTRIC LAMPS LIMITED | BELL HOUSE FOXBRIDGE WAY, NORMANTON INDUSTRIAL ESTATE, NORMANTON, ENGLAND, WF6 1TN | 00167205 | 2018-03-31 | 21,363,970 | 0 | |
LUXONIC LIGHTING LIMITED | 17 PRIESTLEY ROAD, BASINGSTOKE, HAMPSHIRE, RG24 9JP | 02024289 | 2017-12-31 | 17,608,196 | 0 | |
COMMERCIAL LIGHTING SYSTEMS LTD. | UNIT 17, CHANDLERS WAY, PARKGATE BUSINESS CENTRE, SWANWICK, HAMPSHIRE, SO31 1FQ | 02615882 | 2017-12-31 | 2,318,721 | 0 | |
SWITCH LIGHTS LTD | 21 HILL STREET, 21 HILL STREET, HAVERFORDWEST, PEMBROKESHIRE, WALES, SA61 1QQ | 09113790 | 2018-07-31 | 146,924 | 0 |
46499-Wholesale of household goods (other than musical instruments) not elsewhere classified |
PREMIER LIGHTING LIMITED | 84 COX GREEN ROAD, EGERTON, BOLTON, ENGLAND, BL7 9HE | 09773671 | 2018-09-30 | 145,989 | 0 | |
LINKLITE SYSTEMS LIMITED | 29 WATERLOO ROAD, WOLVERHAMPTON, WEST MIDLANDS, WV1 4DJ | 05268230 | 2017-09-30 | 128,551 | 0 | |
LED HIVE LIMITED | 28 MILL SQUARE, HORSFORTH, LEEDS, WEST YORKSHIRE, ENGLAND, LS18 4GJ | 08444891 | 2018-03-31 | 86,846 | 0 | |
LAIDBACK LIGHTING LIMITED | 156 TENNYSON ROAD, ROTHERHAM, SOUTH YORKSHIRE, UNITED KINGDOM, S65 2LU | 10374948 | 2018-09-30 | 4,853 | 0 |
46470-Wholesale of furniture, carpets and lighting equipment 47599-Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store |
ZOMBIE LIGHTING LIMITED | FLAT 5 39A, HORTON ROAD, LONDON, E8 1DP | 07030423 | 2018-09-24 | 1,478 | 0 | |
FULL BEAM LTD | 181 BRAID ROAD, EDINBURGH, EH10 6JA | SC373404 | 2018-02-28 | 1,005 | 0 | |
AMMALUX LTD | 92 INGLEWOOD, PIXTON WAY, CROYDON, ENGLAND, CR0 9LP | 07226803 | 2018-12-31 | 875 | 0 | |
SHIRES HOLDINGS LIMITED | LUX PARK CHICHESTER BUSINESS PARK, CITY FIELDS WAY, CHICHESTER, ENGLAND, PO20 2FT | 06436260 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
GLAMOX LUXONIC LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |