CURRENT LIGHTING LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-08.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

1. CURRENT LIGHTING LIMITED 2019-04-01 → present
2. GE LIGHTING LIMITED 1999-11-29 → 2019-04-01
3. GE-TUNGSRAM LIGHTING LIMITED 1990-12-10 → 1999-11-29
4. TUNGSRAM LIGHTING LIMITED 1986-12-24 → 1990-12-10
5. BRIDGEMINOR LIMITED 1986-11-10 → 1986-12-24

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Qualified

Going concern

Affirmed

“The company is expected to continue to generate positive cash flows on its own account for the foreseeable future. The company participates in the group's centralised treasury arrangements and so shares banking arrangements with its parent and fellow subsidiaries. Group Treasury are continually assessing the cash needs of the Group through cash flow forecasts and future projections, in order to manage the liquidity of the company, taking into consideration changes in the operating model and external factors impacting the company. The directors have also received confirmation that any intercompany liabilities will not be recalled within the next 12 months and the parent company has confirmed in writing it's continued support. The directors have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the company to continue as a going concern or its ability to continue with the current banking arrangements. On the basis of their assessment of the company's financial position, the company's directors have a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future. Thus, the going concern basis of accounting has been adopted in the preparation of the financial statements.”

Group structure

1. CURRENT LIGHTING LIMITED · parent
   1. Current Netherlands B.V. 100% · Netherlands · Holding company
   2. Current Holdings Netherlands B.V. 100% · Netherlands · Holding company
   3. Current Lighting (Shanghai) Company Limited 100% · China · Lighting
   4. Current Germany GmbH 100% · Germany · Lighting
   5. Current Iluminacao Do Brasil Comercio De Lmpadas Ltda 100% · Brazil · Lighting

Significant events

• “Turnover reduction in 2024 is mainly due to exiting the Horticulture business in 2023 and foreign exchange movements, increasing focus on core business and profitability.”
• “The improved operating margin movement is due to lower underlying administrative costs and lower stock provisions in 2024.”
• “During fiscal year 2024 the Company continues to focus on core business and building it's distributor network across Europe, the Middle East and Australia. The Company continues to streamline commercial and operational processes, which is continuing to reduce costs and improve profitability in the UK. Various initiatives globally will continue through 2025 to improve working capital and cost reduction. Alongside this in 2025, the Company is continuing the process of liquidating subsidiaries in the Group to further support the strategy and reduce the selling, general, and administrative costs going forward.”
• “Current Germany GmbH is in the process of liquidation, and this is expected to be finalised in 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

1

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -31.5%

  £6,679,000 → £4,577,000

• Cash

  +75%

  £364,000 → £637,000

• Net assets

  -3%

  -£6,988,000 → -£7,199,000

• Employees

  -28.6%

  7 → 5

• Operating profit

  +93.1%

  -£2,506,000 → -£172,000

• Profit before tax

  +92.1%

  -£2,677,000 → -£211,000

• Wages

  -22.2%

  £465,000 → £362,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers