Digital Village Limited
- Small
- Active
- 1 year
- 1 employee
- £1,201 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Digital Village Limited is a small, active company based in Colchester, UK, founded just one year ago in August 2023. It’s a solo venture, run by a single director and owner, with one employee and £1,201 in assets. The company operates in the retail sale via mail order houses or via internet industries. Its registered address is real, with only one other company registered at the same location.
The company’s website, Digital Village AI, Data, and Digital Teams for Scaleups Enterprise, suggests a focus on providing AI, data, and digital expertise to larger companies. It's clearly an e-commerce operation, offering services rather than physical products. The site highlights experience in areas like data engineering, machine learning, and digital transformation—a sophisticated offering for businesses looking to leverage technology.
Financially, Digital Village Limited presents a mixed picture. While it’s a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the numbers are concerning. Net assets are negative at -£49, and cash reserves are a modest £690. Trade creditors have risen to £1200, and loans from directors are £850. The company’s equity is also in the negative. It's clear that the business is burning through money, and it's not making a profit. The accounts are filleted and unaudited, with no auditor mentioned, relying on director-reported data.
Despite the financial challenges, Digital Village Limited’s focus on high-demand AI and data services could offer a path to profitability. The company’s small size allows for agility, but it needs to address its negative equity and cash flow issues to ensure long-term sustainability.
Registered in England/Wales under the registration number 15045653, with a registered address at CO2 8RG, England, Colchester, 19 Lethe Grove.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 5 pages pdf report
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Confirmation statement made on 2024-07-31 with no updatesDownload 3 pages pdf report
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IncorporationDownload 10 pages pdf report
FAQ about Digital Village Limited
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