Cineark Ltd

Cineark Ltd, based in High Wycombe, UK, is a small holding company with an active status, established nine years ago. Employing 27 people and holding assets of £1,017,823, it operates from a real address and is managed by one director and one owner. The company regularly imports and exports electrical machinery and equipment, with 40 months of import activity and 11 months of export activity recorded.

The company’s website showcases a diverse range of services catering to the film and television production industry. Cineark Ltd provides equipment rental, including DIT, video, VFX, communications, transmitters, and internet solutions, alongside experienced crew. Recent news highlights involvement in events like the BSC Show and projects like "The Gorge" and "Bridget Jones," demonstrating a focus on high-profile productions. The site also features a blog, crew profiles, and contact information, reinforcing its commitment to customer service and industry expertise.

Financially, Cineark Ltd presents a mixed picture. While cash reserves increased significantly by 140% to £430,000, current assets grew by 48% to £1,000,000. However, net assets increased by 19% to £2,200,000, and bank borrowings were eliminated. Creditors decreased by 6.7%, suggesting improved debt management. The company’s average number of employees increased by 37% to 37. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s financial data shows a trend of growth, but also reveals some areas of concern. The increase in employee numbers and the elimination of bank borrowings are positive signs, but the growth in creditors and the increase in net losses suggest that the company may be burning through cash. It's possible that the company is investing heavily in growth, but it will need to manage its cash flow carefully to avoid running into financial difficulties.

Registered in England/Wales under the registration number 09877457, with a registered address at HP10 0PE, England, High Wycombe, Unit 6 Woodburn Industrial Park, Soho Crescent.

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