Digi Broadcast Company Limited

Digi Broadcast Company Ltd from London UK: a small, active company founded 23 years ago, employs 12 people, and holds £395,178 in assets. Operating from a virtual address, it’s a family business with two directors and two owners, running an e-commerce site and maintaining a respectable 4.0 Google rating from 79 reviews. The company regularly imports and exports optical and medical tools and devices, with 60 months of import activity and 32 months of export activity recorded.

The company’s website, DigiBroadcast, is a comprehensive online store specializing in video and broadcast equipment. It caters to professionals with a wide range of products, including camcorders, lenses, sound equipment, lighting gear, and accessories. The site also offers used equipment and provides services like piano restoration, which is quite interesting. DigiBroadcast boasts a range of top brands like Sony, Panasonic, and Canon, and offers fast shipping and customer support.

Financially, Digi Broadcast is showing some mixed signals. Current assets have decreased by 30%, falling to £400,000, while net assets have increased by 38%, reaching £97,000. Bank borrowings have decreased by 13%, sitting at £35,000, and cash reserves have dropped significantly by 70%, down to £64,000. Trade debtors have increased by 75%, reaching £93,000, which could indicate a growing customer base or perhaps some outstanding invoices. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the drop in cash reserves is something to keep an eye on. The accounts are unaudited, as is typical for small companies, so the figures are director-reported.

It appears Digi Broadcast is navigating a period of change, balancing its established e-commerce operation with the challenges of fluctuating cash flow. The company's diverse product range and strong brand reputation should help it weather these pressures, but careful management will be key to its long-term success.

Registered in England/Wales under the registration number 04344776, with a registered address at SE1 6SW, London, Accountancy House, 90 Walworth Road.

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