Digi Beat Ltd

Digi Beat Ltd from Great Missenden UK: a small, active company founded nine years ago, employs just one person, and holds £15,663 in assets. It's a solo-founder operation with one director and owner, Digilio Francesco. The company’s registered address is real, with only five other companies registered there. Digi Beat Ltd operates in a diverse range of industries, including retail sale via mail order, publishing, performing arts, sound recording, and music publishing.

The company’s website, while not providing detailed information, suggests a focus on digital content and potentially music-related services. It’s difficult to determine the extent of e-commerce activity without further investigation.

Financially, Digi Beat Ltd presents a mixed picture. While the company is small, meeting two of three criteria for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has significantly decreased, dropping 67% to just £5,700. Cash reserves have also taken a hit, falling 45% to £15,000. Bank borrowings, however, have decreased by 29%, which is a positive sign. Trade debtors have increased slightly, by 2.8%, which could indicate a change in credit terms or delayed payments. The company’s creditors have also decreased by 9.6%, suggesting improved debt management. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

The significant drop in equity, however, is concerning. It could be due to a variety of factors, such as increased operating expenses, reduced profitability, or owner withdrawals. While the decrease in bank borrowings is positive, the company needs to monitor its cash flow closely to ensure it can meet its financial obligations. The list of owners was changed three months ago, which is a good sign.

Registered in England/Wales under the registration number 09748057, with a registered address at HP16 0AL, England, Great Missenden, 95 High Street, Office B.

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