Elasticstage Ltd

Elasticstage Ltd, a small, active company from London, UK, has been operating for eight years. Founded in May 2016, it employs four people and boasts a perfect 5.0 Google rating based on 28 reviews. The company, with a real address, is led by five directors, though no owners are officially listed. It regularly imports machinery, boilers, and mechanical appliances—parts, with 13 months of import activity recorded, the last in September 01, 2024. It also exports electrical machinery and equipment, though irregularly, with just one month of export activity noted as of April 01, 2021.

The company’s website, elasticStage OnDemand, focuses on vinyl and CDs—a niche market in the digital age. It seems to be an e-commerce site, selling physical music media, a departure from the support activities to performing arts industries it officially states. This suggests a diversification of business lines, perhaps to capitalize on renewed interest in physical music formats.

Financially, Elasticstage Ltd presents a mixed picture. Accumulated depreciation impairment property plant equipment has increased significantly by 110%, while cash bank on hand remains steady at £770,000. However, net assets have decreased slightly, and the number of employees has increased substantially—from four to thirteen. This could be a sign of growth, but also indicates increased operating costs. Trade creditors have remained stable, suggesting good debt management. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

The significant increase in the number of employees, despite a relatively stable cash position, suggests the company may be burning through money to fuel its growth. The shift towards selling vinyl and CDs could be a risky move, but also a potentially lucrative one if it taps into a dedicated market. The directors list was changed one month ago, which is a good sign, indicating a possible restructuring or fresh investment.

Registered in England/Wales under the registration number 10201820, with a registered address at EC4A 1AN, United Kingdom, London, Third Floor, 1 New Fetter Lane.

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