Edigital Creations Ltd

Edigital Creations Ltd from Burgess Hill UK: a small, active company founded 12 years ago, employs just one person, and holds £38,630 in assets. It operates from a virtual address—a bit odd, as 51 other companies are registered there—and is led by a single director and owner. The company's status is active.

The business focuses on retail sales via mail order and the internet. It's a small operation, meeting two of three criteria to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is a bit sparse, but it does give a good impression of what they do. It's a book shop in Burgess Hill, England, and they do online sales.

Financially, Edigital Creations Ltd shows a mixed picture. Current assets increased by 6%, rising to £39,000, which is good. However, net assets remain negative, at -£20,000, a slight improvement from the previous year. Cash bank on hand decreased by 3.6% to £27,000. Trade debtors have increased significantly, by 38%, reaching £12,000, which could indicate a need to follow up on outstanding payments. Creditors remained steady at £59,000. The company’s property, plant, and equipment has seen a 33% decrease, falling to £1,100. The company is exempt from an audit, so the figures are unaudited.

It seems like Edigital Creations Ltd is holding its own, but the negative equity suggests it’s not exactly burning through money. Perhaps they are reinvesting in the business, or maybe they are just managing their expenses carefully. The virtual address and single employee point to a lean operation, but the financial numbers raise some questions about long-term sustainability.

Registered in England/Wales under the registration number 08241713, with a registered address at RH15 9LH, England, Burgess Hill, Suite L, Kbf House, 55 Victoria Road.

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