80six Ltd

80six Ltd is a small, active company based in Slough, UK, founded ten years ago in 2015. Employing 27 people, it holds £895,382 in assets and operates from a real address. With two directors and two owners, the company is a regular importer of electrical machinery and equipment (12 months), with the latest import in August 2024. It also exports optical and medical tools and devices, though irregularly (2 months, last export in November 2023).

The company's website describes 80six Ltd as an independent video technology company supporting creative visionaries in live entertainment, concert touring, and film production. It specializes in integrating emerging technologies and delivering visual excellence, offering services ranging from concept design and projection mapping to equipment rental and virtual production studio access. The 80six Studios, a purpose-built virtual production space, caters to film, TV drama, commercials, and music videos, providing LED stages, camera tracking, and game engine capabilities. The site also highlights partnerships with well-known companies like Shutterstock and Observatory, showcasing its expertise in xR experiences and live event production.

Financially, 80six Ltd presents a mixed picture. Creditors increased by 66%, reaching £360,000 within a year, while cash bank on hand plummeted 170%, ending at a negative £61,000. Bank borrowings decreased by 15%, settling at £310,000, and trade debtors surged by 120%, reaching £960,000. Net assets declined by 19%, ending at £370,000, and net current assets decreased by 16%, ending at -£1,700,000. It’s interesting to note that despite these challenges, the company’s value tax payable increased dramatically, by 810%, to £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) likely contributes to its agility, but the significant equity drop and negative cash flow raise concerns. No auditor is mentioned, which is common for small companies. The increase in debtors suggests potential difficulties in collecting payments, and the rising creditors could indicate a need for improved cash management.

Registered in England/Wales under the registration number 09449244, with a registered address at SL2 5EP, England, Slough, Unit 2, Slough Interchange Ind Est, Whittenham Close.

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