Cmyuk Digital Ltd

Cmyuk Digital Ltd from Bracknell UK is a small, active company founded nineteen years ago in December 2005. Employing twenty-six people, it holds £3,963,630 in assets and operates from a real address, managed by four directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances; parts (for seventeen months), and exports the same items (for thirteen months). It's a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than fifty employees.

The company’s website highlights a broad range of services, positioning it as a provider of business technology support. It offers IT services, including business-as-usual support and managed IT, alongside disaster recovery, cloud solutions, and print management. They also provide cyber security services, connectivity solutions, and visitor management systems. The website also has a section for audio visual solutions, including interactive displays and digital signage. It’s clear that Cmyuk Digital Ltd isn’t primarily an e-commerce business; instead, it functions as a service provider, offering a wide array of technology and support solutions.

Financially, Cmyuk Digital Ltd’s report shows some concerning trends. Property, plant, and equipment have increased significantly, with computer equipment up 55%, furniture fittings up 68%, and leasehold improvements up 59%. However, cash reserves have fallen 56% to £90,000, and bank borrowings have decreased by 47% to £68,000. Creditors have also decreased by 13% to £3,600,000. While the company’s net assets increased by 5.4% to £340,000, the decline in cash reserves and the increase in property, plant, and equipment suggest that the company may be investing heavily in its operations. Trade debtors have also decreased by 11%, which could be a positive sign of improved collections. The company is exempt from an audit as a small company.

The trends suggest that Cmyuk Digital Ltd is likely reinvesting in its business to expand its service offerings, but the drop in cash reserves could indicate a need to carefully manage its finances. It’s possible that the company is taking on more debt to fund its growth, or that it’s experiencing a temporary slowdown in cash flow.

Registered in England/Wales under the registration number 05663623, with a registered address at RG12 8PE, England, Bracknell, Building 329, Suite G4 Doncastle Road.

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