Bright Media Tech Ltd

Bright Media Tech Ltd from London UK: small company, active status, founded 4 years ago, yearly revenue: £12,573, virtual address, 1 director, 1 owner. It’s a small business, meeting two of three conditions to qualify: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has been active since its incorporation on December 09, 2020, and operates from a virtual address shared by 6850 other companies – a bit unusual. It's managed by one director and one owner, with a modest yearly revenue of £12,573.

Bright Media Tech Ltd runs an online store selling a wide range of IT hardware, stationery, and office supplies. The website highlights a partnership approach, guiding businesses through their IT needs and offering solutions from networking to printer services. Interestingly, the site also references a history dating back to 1999, when two founders, Becky and Debs, had the idea for the company. The website also mentions two offices, one in Grantham and one in London. It’s a fairly standard e-commerce operation, with a focus on competitive pricing and customer support.

Financially, Bright Media Tech Ltd shows a mixed picture. Turnover increased by 56% to £13,000, which is good news, but the company is still operating at a loss, with a loss of £3,000. Bank borrowings have increased, and cash reserves are low at just £4,100. Creditors have also risen, suggesting the company is relying on short-term financing. The lack of employees (zero reported) indicates a lean operation, and the unaudited figures rely on director-reported data. The company is exempt from an audit as a small company. It's a bit concerning that the company is still losing money, but the increase in turnover suggests that it’s on the right track.

Registered in England/Wales under the registration number 13071659, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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