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Candescent Lighting Ltd

15242657

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

BLOUNTS FARM, READING, RG4 9PA
Incorporated 27/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27400
Manufacture of electric lighting equipment

Officers

Lewis David Owen Coles

director · Since 27/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 26

Mr Jonathan Richard Coles

director · Since 31/03/2025

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Jonathan Richard Coles

50–75% shares
50–75% votes

British · England · Age 60

Blounts Farm, Blounts Court Road, Reading, RG4 9PA

Notified 31/03/2025

Mrs Sally Ann Coles

25–50% shares
25–50% votes

British · England · Age 60

Blounts Farm, Blounts Court Road, Reading, RG4 9PA

Notified 31/03/2025

Former PSCs

Lewis David Owen Coles

Ceased 31/03/2025

CompanyRankvs 377+ SIC 27400 peers
56

Financial strength74th percentile among SIC peers · 19/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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377Candescent Lighting Ltd
55
How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£91k

Balance sheet strength

Cash

£98k

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£243k

Current Liabilities

£168k

Fixed Assets

£17k

Debtors

£130k

1avg. employees

Tax at Year End

Corp tax£29k

Balance Sheet

Assets less current liabilities£92k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.45

Derived from filed accounts. Not audited figures.