Cinemanext Uk Ltd

Cinemanext Uk Ltd, based in Reading, UK, is a small holding company with an active status, having been founded nine years ago in 2015. The company employs seventeen people and holds assets worth £5,796,531. It operates from a virtual address, registered at an address shared by twenty-seven other companies, which is a bit unusual. Two directors oversee the business, alongside one owner. The company regularly imports and exports electrical machinery and equipment, with 295 months of import activity and 67 months of export activity recorded.

The company's website reveals a broader scope than initially apparent. It’s not just a supplier; it’s a provider of comprehensive cinema exhibition services. From projection systems and audio solutions to seating fit-outs and automation, CinemaNext aims to be a one-stop shop for cinema operators across EMEA and the US. The website highlights partnerships with leading manufacturers, emphasizing attractive pricing and best-in-class support. A blog, managed by Patrick von Sychowski, provides insights into the global cinema industry, technology, and innovation. It’s clear they're aiming to be more than just a parts supplier; they want to be a strategic partner.

Financially, Cinemanext Uk Ltd shows some concerning trends. Cash bank on hand dropped dramatically by 90%, down to £85,000, which is a significant decrease. Amounts owed to group undertakings increased by a staggering 330%, reaching £3.3 million—a large jump that could be due to internal restructuring. Trade creditors also decreased significantly by 61%, which is a good sign. However, the company’s property plant and equipment has also decreased by 32%. It’s worth noting that the company’s net assets have also decreased slightly, although the company is still in a positive position. The company is a small entity and therefore does not require an audit. Overall, the company is doing alright, but it's important to keep an eye on the large increase in amounts owed to group undertakings.

Registered in England/Wales under the registration number 09626797, with a registered address at RG4 7DH, England, Reading, Chiltern Chambers St. Peters Avenue, Caversham.

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