Crowdcomms Ltd

Crowdcomms Ltd from Blandford Forum UK: a small holding company with an active status, was founded thirteen years ago in 2011. Employing sixty-one people and holding £1,718,210 in assets, the company operates from a real address and is overseen by three directors and one owner. It’s an irregular importer of machinery, boilers, and mechanical appliances, with one month of import activity recorded in 2019, and an irregular exporter of electrical machinery and equipment, with one month of export activity in 2022. The company operates in the other information technology service activities industries.

The company’s website, crowdcomms.com, doesn’t offer much detail beyond a brief description of its services—primarily focused on audience engagement and data analysis for events and conferences. There's no indication of e-commerce activity; it appears to be a service-based business, not selling products directly.

Financially, Crowdcomms Ltd presents a mixed picture. Accumulated amortisation impairment for intangible assets increased by a significant 110%, while depreciation on property, plant, and equipment rose by 17%. Amounts owed by related parties remained stable, but amounts owed to group undertakings increased by £23,000. Average employee numbers decreased slightly, from sixty-one to fifty-seven. Bank borrowings saw a decrease, with overdrafts down by 41%. Cash bank on hand fell by 16%. Creditors decreased by 22%, which is a positive sign. Equity also decreased by 24%, and net assets liabilities decreased by 10%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility.

Despite the decrease in assets, the company seems to be managing its debts better. The directors have elected not to include a copy of the income statement within the financial statements. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company is holding steady, but facing pressures.

Registered in England/Wales under the registration number 07660386, with a registered address at DT11 7EG, England, Blandford Forum, L3 The Grainstore, Shaftesbury Lane.

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