Lumatron LED Lighting Ltd.
- Proceeding
- BankruptcyBIA
- File
- 31-3447523
Lumatron LED Lighting Ltd. became bankrupt under the BIA on November 9, 2026, in Ontario, with Goldhar & Associates Ltd. as trustee under estate file 31-3447523. The Statement of Affairs sworn that day by director Bradley Louis Armeland reports a single asset — $1.00 of cash in a BMO business account — against liabilities of $593,403.74, comprising a nominal $1.00 secured claim of Accord Financial Canada Corp. and $593,402.74 unsecured, for a stated deficiency of $593,402.74. The largest unsecured claims are the balance of the Accord loan at $159,234.12, Business Development Bank of Canada at $100,619.35, CRA sales taxes at $89,110.17 and BMO at $60,122.15. The company attributes its difficulty to negative market conditions: it began at the start of COVID buying and selling products, expanded into e-bikes generating approximately $1 million in sales, then saw sales decline significantly.
Debtor
Lumatron LED Lighting Ltd.
Trustee in bankruptcy
Goldhar & Associates
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Accord Financial Canada Corp. · in 7 casesAsset securing the liability: item 101 (cash on hand - business account for plans, BMO) — Statement of Affairs lists the secured portion at a nominal $1.00 (equal to the cash on hand) with the remaining $159,234.12 of the $159,235.12 total claim shown as unsecured; loan dated 07-Oct-2024. Secured amount is the bankrupt's stated figure, not a proven or verified claim. — debtor: Lumatron LED Lighting LTD · as of 9 Nov 2026 | $1 | Creditors Package |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
16 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Creditors Package
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Lumatron LED Lighting Ltd.” (Bankruptcy). Retrieved 12 November 2026, https://proceedings.ca/case/lumatron-led-lighting-ltd