Valuelights Holdings Limited in Manchester, M44 5GR

Description

Data updated on: 01-11-2023

Valuelights Holdings Limited with Companies House Reg No. 11048350 has been on the market for 7 years. This Private Limited Company can be contacted at The Light Hub 4 Omega Drive, Irlam, Manchester and company's zip code is M44 5GR. The company currently known as Valuelights Holdings Limited was known as Lse Group Holdings up till 2023/03/29 when the business name was replaced. This enterprise's SIC code is 47910 and has the NACE code: Retail sale via mail order houses or via Internet. Valuelights Holdings Ltd reported its account information for the period that ended on 2023-06-30. The firm's latest annual confirmation statement was released on 2023-01-10.

The knowledge we have regarding the company's members suggests there are eight directors: Jan B., Danny B., Shahzad S. and 5 other directors have been described below who were appointed to their positions on 2022/10/25, 2022/08/01 and 2022/03/01.

Previous company's names
Valuelights Holdings Limited 2023-03-29
Lse Group Holdings Limited 2017-11-06

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	1 996 860	2 503 510	4 738 402	14 601	2 200
Current Assets	1 996 960	3 024 747	4 821 970	6 686 969	8 591 538
Debtors	100	521 237	83 568	6 672 368	8 589 338
Other Debtors	100	100	100	100	4 221
Total Inventories			6 574 472	7 283 222	3 924 337

Other Financial Data
Audit Fees Expenses	2 500	3 000
Accrued Liabilities Deferred Income		3 000	3 090	3 199	1 923 009
Accumulated Amortisation Impairment Intangible Assets			454 501	410 240
Accumulated Depreciation Impairment Property Plant Equipment			882 672	1 263 016	1 450 123
Additions Other Than Through Business Combinations Property Plant Equipment				3 994 884	105 697
Administrative Expenses			6 563 031	11 385 855	6 869 188
Amortisation Rate Used For Intangible Assets		33
Amounts Owed By Related Parties		521 137
Average Number Employees During Period			89	6	8
Capital Reduction Decrease In Equity			1 818 029
Cash Cash Equivalents			8 027 265	611 195	372 398
Comprehensive Income Expense			3 085 399	-2 961 171	-3 442 522
Corporation Tax Payable		4 710	397 200
Cost Sales			14 293 422	18 136 489	8 592 109
Creditors		7 710	11 790	1 653 507	1 665 119
Current Tax For Period			392 490	-359 599
Derivative Liabilities			119 433		49 711
Distribution Costs			11 212 474	14 493 695	6 360 283
Dividends Paid Classified As Financing Activities			-500 000
Dividends Paid To Owners Parent Classified As Financing Activities			-500 000
Finance Lease Liabilities Present Value Total				488 951	61 470
Finance Lease Payments Owing Minimum Gross				507 826	507 826
Further Item Tax Increase Decrease Component Adjusting Items			9 439	-39 642	617 448
Gain Loss From Fair Value Cash Flow Hedges Before Tax Recognised In Other Comprehensive Income			-36 058	468 158	-398 436
Gain Loss On Disposals Property Plant Equipment				49 817	798
Income Taxes Paid Refund Classified As Operating Activities			607 542	-37 601
Increase Decrease In Current Tax From Adjustment For Prior Periods			9 439
Increase From Depreciation Charge For Year Property Plant Equipment				428 874	382 182
Intangible Assets Gross Cost			454 501	410 240
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				115 252	94 672
Interest Paid Classified As Operating Activities			-14 000	-125 752
Interest Payable Similar Charges Finance Costs			14 000	125 752	109 934
Interest Received Classified As Investing Activities				-3 993	-4 461
Investments Fixed Assets				306	306
Investments In Subsidiaries				306	306
Issue Equity Instruments	99		69 154	72 638	238 726
Loans From Group Undertakings Participating Interests					1 240 638
Net Cash Generated From Operations				3 854 774
Net Current Assets Liabilities	1 996 960	3 017 037	4 810 180
Net Finance Income Costs				3 993	4 461
Nominal Value Allotted Share Capital	100	100
Number Shares Issued Fully Paid		20
Other Creditors			155 520	1 643 114	210 000
Other Disposals Decrease In Amortisation Impairment Intangible Assets				44 261
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				48 530	195 075
Other Disposals Intangible Assets				44 261
Other Disposals Property Plant Equipment				48 530	195 075
Other Interest Receivable Similar Income Finance Income				3 993	4 461
Other Remaining Borrowings					1 240 638
Par Value Share		1
Payments To Redeem Own Shares			-1 817 898
Pension Other Post-employment Benefit Costs Other Pension Costs			68 833	196 699	62 872
Percentage Class Share Held In Subsidiary			100	100	100
Prepayments Accrued Income			353 282	453 070	685 651
Proceeds From Sale Treasury Shares			1 818 029
Profit Loss	1 996 860	1 020 077	4 042 018	150 644	1 654 537
Property Plant Equipment Gross Cost			899 922	4 846 276	4 756 898
Raw Materials Consumables			6 574 472	7 283 222	3 924 337
Social Security Costs			295 094	483 793	287 994
Staff Costs Employee Benefits Expense			3 505 897	5 505 379	3 140 337
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			2 758	8 188	39
Tax Increase Decrease From Other Short-term Timing Differences			7 404	-84 905
Tax Tax Credit On Profit Or Loss On Ordinary Activities			401 929	-359 599
Total Borrowings					1 240 638
Total Current Tax Expense Credit			401 929	-359 599
Trade Creditors Trade Payables			2 563 267	1 071 651	210 342
Trade Debtors Trade Receivables			1 287 285	516 775	284 218
Turnover Revenue			35 597 257	40 348 870	17 648 186
Wages Salaries			3 141 970	4 824 887	2 789 471