Altered Images Limited

Altered Images Limited, based in Kingston Upon Thames, UK, is a small holding company with an active status, having been founded 28 years ago in 1996. The company employs 15 people and holds £1,265,817 in assets, operating from a virtual address shared by 122 other companies. It’s managed by three directors and owned by Manorway Media Group Ltd. The business runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, with 45 months of import activity recorded. It also exports electrical machinery and equipment, though less frequently, with just one month of export activity.

The company operates in the other retail sale of new goods in specialised stores, and its website, though not detailed, suggests a focus on retail. It's a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Altered Images Limited presents a mixed picture. Cash bank on hand decreased by 21% to £94,000, while creditors dropped significantly by 50% to £1,100,000. Current assets also fell by 43% to £1,300,000, and net assets increased by 120% to £230,000. Bank borrowings have increased, and trade debtors have decreased. The company’s equity has increased significantly, with retained earnings accumulating to £210,000. Future minimum lease payments have also increased substantially.

Despite the positive trends in equity and net assets, the decrease in cash reserves and current assets suggests the company might be burning through money, although it's likely reinvesting in the business. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited. Overall, Altered Images Limited appears to be navigating a period of change, with potential for growth, but also requiring careful management of its cash flow.

Registered in England/Wales under the registration number 03232970, with a registered address at KT1 4AS, Kingston Upon Thames, Surrey, 1 Park Road, Hampton Wick.

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