GLAMOX LUXONIC LIMITED

17 PRIESTLEY ROAD, BASINGSTOKE, HAMPSHIRE, RG24 9JP

Previous 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-2024
Accounts 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
No P&L data available


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
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 00 (0.0%)
Active Koorosh Hojatollah TALEGHANI 01 Jun 2022 Finance Director British 1 - 11 (50.0%)
Active Geir HAUKEDAL 31 Mar 2022 Chief Financial Officer Norwegian 1 - 00 (0.0%)
Active David Edward HUNT 18 Feb 2021 Company Director British 4 - 10 (0.0%)
Resigned Thomas LINDBERG 30 Apr 2019 31 Mar 2022 Chief Finance Officer Norwegian 2 - 31 (20.0%)
Active Knut Syltevig RUSTEN 30 Apr 2019 Senior Vice President Norwegian 1 - 21 (33.3%)
Active Meelis PETERSON 30 Apr 2019 Senior Vice President Estonian 1 - 21 (33.3%)
Resigned Rune Edvin MARTHINUSSEN 30 Apr 2019 31 Jul 2022 Chief Executive Norwegian 0 - 31 (33.3%)
Active Thomas LINDBERG 30 Apr 2019 Chief Finance Officer Norwegian 3 - 01 (33.3%)
Resigned Tina-Louise BATSFORD 06 Apr 2017 01 Feb 2022 Director British 0 - 31 (33.3%)
Resigned Martyn WHERRY 01 Sep 2014 30 Apr 2019 Director British 0 - 10 (0.0%)
Resigned Raymond Joseph CONBOY 06 Apr 2005 30 Apr 2019 Sales Director British 0 - 31 (33.3%)
Resigned Philip Henry MYLES 17 Sep 2001 31 Oct 2004 General Manager British 0 - 20 (0.0%)
Resigned Michael SWINGLER 20 Dec 2000 28 Feb 2003 Chairman British 0 - 124 (33.3%)
Resigned John GOODMAN 01 Jun 2000 24 Jun 2014 Accountant British 4 - 74 (36.4%)
Resigned John HARDMAN 04 Jan 1999 12 Jul 1999 General Manager British 0 - 21 (50.0%)
Resigned Allan Webster RAMSAY 01 Dec 1998 31 May 2000 Finance Director British 0 - 52 (40.0%)
Resigned John, Sir TAVARE 31 Oct 2000 Director British 0 - 31 (33.3%)
Resigned Neil Trevis SHELTON 06 Apr 2017 Director British 0 - 20 (0.0%)
Resigned Brian MORGAN 15 Sep 1996 Director British 0 - 10 (0.0%)
Resigned Nicholas TAVARE 18 Feb 2021 Director British 0 - 20 (0.0%)
Number of active directors: 7
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
2018-04-062017-04-062017-03-052016-03-052015-03-05
LUXONIC GROUP LIMITEDORDINARY58,824
100%
52,632
100%
0
0%
0
0%
0
0%
NICHOLAS TAVAREORDINARY0
0%
0
0%
37,500
71.2%
37,500
71.3%
37,500
71.3%
NEIL TREVIS SHELTONORDINARY0
0%
0
0%
12,500
23.7%
12,500
23.8%
12,500
23.8%
RAYMOND JOSEPH CONBOYORDINARY0
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
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