Digitop Ltd

Digitop Ltd from Alton UK: a small holding company with an active status, was founded 26 years ago and employs just four people. It holds £846,904 in assets, operates from a virtual address, and is managed by four directors and one owner, boasting a perfect 5.0 Google rating based on a single review. The company regularly imports electrical machinery and equipment, with 23 months of import activity recorded.

Digitop Ltd operates as "The Karaoke Experts," specializing in the manufacturing, distribution, and retail of high-quality karaoke products and services. Its website highlights a partnership with "Mr. Entertainers," offering a UK-based karaoke collection, and emphasizes its role as a distributor for well-known brands. The company sells through independent retailers, online marketplaces like Amazon and eBay, and even has a showroom in Harrods, London. It’s a business with a long history, having been around for over 20 years.

Financially, Digitop Ltd shows some interesting trends. Average employee numbers increased by 75% to seven, while current assets rose by 32% to £850,000. However, creditors jumped by 88% to £74,000, and net losses deepened. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the increase in creditors suggests a need for careful cash flow management. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies. The company operates under the historical cost convention.

Registered in England/Wales under the registration number 03598831, with a registered address at GU34 1HG, England, Alton, Hampshire, The Stables, 23b Lenten Street.

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