Creative Satellite Limited

Creative Satellite Limited, based in Bromley, Kent, is a small, active company established 22 years ago in March 2003. Employing just two people, it holds assets valued at £237,534 and boasts a perfect 5.0 Google rating based on three reviews. The company operates from a real address and is managed by two directors and owners. It's a regular importer, specializing in electrical machinery and equipment, with recent import activity recorded as of December 2023.

The company's website, while not providing extensive details, indicates a focus on retail sales in non-specialized stores. It's unclear if they operate an e-commerce platform, but the website’s presence suggests an online component to their business.

Financially, Creative Satellite Limited presents a mixed picture. While cash reserves increased by a healthy 31% to £200,000, current assets overall grew by 39% to £240,000. However, trade debtors have dramatically increased by 2,100%, reaching £22,000, which could indicate difficulties in collecting payments. Creditors also rose by 40% to £190,000, and net losses deepened to -£48,000. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for agility. No auditor is mentioned, which is common for companies of this size.

The increase in debtors is a bit concerning, and it would be interesting to see if this is a temporary blip or a longer-term trend. Overall, Creative Satellite Limited seems to be navigating a period of change, with both positive and negative financial indicators.

Registered in England/Wales under the registration number 04687868, with a registered address at BR1 5SE, Kent, 245 Whitefoot Lane, Bromley.

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