Dark Magic Limited

Dark Magic Limited is a small, active company based in Hull, UK, founded eleven years ago in 2014. It’s a solo founder operation with one employee and £8,538 in assets. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website showcases a wide range of professional cameras, software, production switchers, and related equipment. It’s clear that Dark Magic Limited caters to the broadcast and film industries, offering solutions for everything from digital film cameras to live production switchers and streaming encoders. The site is well-structured, with a global presence, listing resellers and support resources for various countries. New products are regularly announced, with recent updates focusing on cameras, software, and streaming capabilities. They even have a blog featuring customer stories and industry news, which is a nice touch.

Financially, Dark Magic Limited’s report shows some concerning trends. Cash bank on hand has plummeted by a massive 83%, leaving only £39. Bank borrowings have also decreased, but net assets have dropped significantly to -£38,000. Creditors have increased, suggesting the company is relying more on external financing. While the company is small, meeting two of three conditions for a small company, the decline in equity is a red flag. It’s worth noting that the company’s current assets are down slightly, and trade debtors have increased considerably, which could be a sign of delayed payments. The report doesn't mention an auditor, which is common for small, exempt companies. It’s likely the financial statements are unaudited.

Registered in England/Wales under the registration number 08995470, with a registered address at HU6 7DS, Hull, 68 Sutton Road.

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