Digitalxpress Limited

Digitalxpress Limited, based in Harrow, UK, is a small, active company founded 16 years ago in 2008. With a single employee and £24,589 in assets, it operates from a real address within the Harrow Business Centre. Led by a solo founder and director, Kyriacou Gregoris, the company regularly imports electrical machinery and equipment, with six months of import activity recorded as of February 2024. Digitalxpress Limited’s website describes its activities as motion picture distribution, suggesting a business that bridges the gap between film production and retail.

The company’s online presence is minimal, lacking a fully functional e-commerce site. It appears to primarily focus on distribution rather than direct sales to consumers, with the website serving as a basic informational hub. There's no clear indication of online transactions or product listings, hinting at a business-to-business model.

Financially, Digitalxpress Limited presents a mixed picture. While current assets have increased by 20% to £25,000, net assets have decreased by 16% to -£37,000. Bank borrowings have fallen by 14% to £36,000, but cash reserves remain modest at £640. Trade debtors have risen by 20% to £23,000, which could indicate increased sales on credit, or potentially, difficulties in collecting payments. Other taxation and social security payable has increased significantly by 190% to £8,300, which may be a temporary issue. As a small company, it's exempt from an audit, and the figures are unaudited. The company's size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests it’s burning through cash, perhaps reinvesting in its distribution network.

Registered in England/Wales under the registration number 06660414, with a registered address at HA1 4HN, Harrow, Middlesex, Harrow Business Centre, 429-433 Pinner Road.

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