1660 Productions Ltd

1660 Productions Ltd from London UK is a large, active company founded nine years ago. With £359,575 in assets and a virtual address, it operates with three directors, one owner (a solo founder), and is an irregular importer of electrical machinery and equipment, with just one month of imports recorded in June 2024.

The company’s website, Home Production Gear Ltd, is a bustling online store catering to the broadcast and professional camera market. It offers a wide range of equipment, from cameras and accessories to lighting and audio gear, and even provides financing options. The site is clearly geared towards professionals, with detailed product descriptions, technical specifications, and a focus on high-quality brands like Aputure, DJI, and Sony. It doesn't appear to be a marketplace, but rather a direct retailer, with a large inventory and a focus on sales and promotions. The site also has a robust search function and a clear layout, making it easy for customers to find what they need.

Financially, 1660 Productions Ltd presents a mixed picture. While the company’s turnover has dropped significantly, from £27 million to just £4.5 million, it’s important to note that the company is still considered large, meeting two of three criteria. Cash bank on hand has increased dramatically, up 1,100% to £100,000, which could indicate improved cash flow management. However, net assets have plummeted, with a loss of £120,000, and bank borrowings have increased by 2,200%. Creditors have also increased, suggesting a reliance on short-term financing. The lack of employees (zero reported) suggests a lean operation, but the substantial losses raise concerns about the company's long-term viability. The accounts are unaudited, and no auditor is mentioned, which is common for smaller companies.

Overall, 1660 Productions Ltd seems to be navigating a challenging period. While its online store is well-established and caters to a specialized market, the significant financial losses suggest that the company is burning through money. Whether it can turn things around will depend on its ability to increase sales, control costs, and secure additional financing.

Registered in England/Wales under the registration number 10114648, with a registered address at EC4V 4BE, England, London, 71 Queen Victoria Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.