Digital Media Technologies Ltd

Digital Media Technologies Ltd, based in Hertford, UK, is a small, active company established thirteen years ago in 2011. With twenty-one employees and £1,214,885 in assets, it operates from a real address and is led by two directors and a solo founder. The company runs an e-commerce site and occasionally imports optical and medical tools (one month of activity) and exports printed materials like books and pictures (two months of activity).

The website, Digital Media Technology, focuses on professional image editing outsourcing for businesses. It offers a wide range of services, including photo editing, retouching, color correction, clipping path, 3D modeling, and vectorizing. They cater to various industries, such as e-commerce, real estate, and magazine publishing. The site emphasizes high-quality premedia services, competitive pricing, and a team of experienced professionals from Germany, the USA, and India. They also offer blog content with industry insights and tips.

Financially, Digital Media Technologies Ltd shows some concerning trends. Current assets have decreased by 17% to £1,200,000, and net assets have fallen 4.5% to £970,000. Bank borrowings have been reduced by 33% to £30,000. Trade debtors have decreased by 40% to £430,000. Creditors have decreased by 68% to £130,000. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The decrease in assets and net assets, combined with the reduction in bank borrowings, suggests the company may be facing financial pressure. It’s possible that the company is working to reduce its debt and improve its cash flow. However, the decrease in assets raises questions about the company’s long-term financial health.

Registered in England/Wales under the registration number 07767134, with a registered address at SG13 7NW, England, Hertford, Hertfordshire, 13 Harforde Court John Tate Road.

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