Cineparts Ltd

Cineparts Ltd from Paisley, UK, is a small, active company founded four years ago. With a single employee and £4,203 in assets, it’s a lean operation led by one director and owner. Boasting a stellar 5.0 Google rating from four reviews, it’s clearly doing something right. The company operates in the retail sale via mail order houses or via internet industries.

The Cineparts Ltd website showcases a wide range of camera accessories, from cables and brackets to clothing and custom-made tools. It's clearly an e-commerce business, with a focus on niche products catering to professional filmmakers and videographers. New items are regularly added, and the site even offers bespoke tool creation – a testament to its specialized nature. They have a blog, too, showcasing custom work and testimonials.

Financially, Cineparts Ltd’s recent performance presents a mixed picture. Cash bank on hand increased by 72% to £2,100, which is good news, but net assets plummeted 860% to -£9,100. Creditors increased significantly by 230% to £14,000, and trade debtors fell by 47% to £2,100. While the company meets the criteria for a small business, the substantial equity decline is concerning. It’s likely the company is burning through cash to fuel growth, but the lack of retained earnings suggests this may not be sustainable. No auditor is mentioned, which is typical for small companies.

Overall, Cineparts Ltd seems to be a dynamic, specialized e-commerce business with a strong online reputation. However, the financial data indicates potential challenges in managing cash flow and building equity—something that needs to be addressed for long-term success.

Registered in Scotland under the registration number SC686302, with a registered address at PA1 1UU, United Kingdom, Paisley, Renfrewshire, 2/3, 2 Marshall's Lane.

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