Broadcast Virtual Limited

Broadcast Virtual Ltd, based in London, UK, is a small, active company founded just one year ago. With two employees and £273,294 in assets, it operates from a virtual address, managed by a single director and owner. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago in September 2024.

The company’s website highlights a unique focus: virtual advertising solutions for sports leagues and venues. It offers services like LED replacement, sign replacement, and multi-region branding, leveraging technology to overlay virtual content onto live broadcasts. The site showcases a range of clients, including Rugby Australia, Cricket Australia, and the British Irish Lions Series, emphasizing the company’s ability to create new revenue streams and tailor advertising to specific audiences. They even offer a "TargetAd" system for hyper-targeted advertising rendered on the end-user device. The website is very professional, with a lot of video content, and a clear focus on innovation and client partnerships.

Financially, Broadcast Virtual Ltd presents a mixed picture. While current assets remain stable at £270,000, other key figures show some volatility. Bank borrowings increased, and cash reserves are stable at £150,000. Creditors are stable at £130,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's focus on virtual advertising is a niche market, and the client list suggests a successful track record. However, the fluctuating financials indicate that the company is still navigating the challenges of growth and profitability. It’s likely that the company is reinvesting in its technology and sales efforts, which could explain the current financial pressures.

Registered in England/Wales under the registration number 15299094, with a registered address at WC1N 2EB, United Kingdom, London, 10 John Street.

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