Elitina Ltd

Elitina Ltd from Corby UK: small company, active status, founded 7 years ago, 1 employee, real address, 1 director, no owners. The company operates in the retail sale via mail order houses or via internet, the renting and leasing of media entertainment equipment industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. Officially, it has not published owners as their shares less than twenty five percent for each shareholder.

The company’s website, MusicBrainz, is a fascinating open music encyclopedia. It's not an e-commerce site in the traditional sense, but rather a collaborative platform for collecting and sharing music metadata. The site is packed with information, from artist biographies and album details to release dates and recording information. It’s a resource for musicians, music fans, and developers alike. The site encourages contributions and releases its data under open licenses, aiming to be the ultimate source of music information. There are even tools like MusicBrainz Picard and AudioRanger to help users tag and organize their music collections. It seems the company’s main focus is supporting this open-source project, rather than direct sales.

Financially, Elitina Ltd’s numbers paint a mixed picture. Cash bank on hand increased significantly by 200%, reaching £1,600, which is a positive sign. However, net assets are negative at -£2,700, indicating the company is carrying more liabilities than assets. Bank borrowings decreased by 20%, down to £13,000, which is good, but creditors also increased by 10% to £19,000. Property plant equipment grew by 6.4%, reaching £20,000, suggesting investment in equipment, but the company's retained earnings are also negative. The company’s small size helps it stay agile, but the negative equity is a concern. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. The company’s director, Mugomezi Tinashe, is responsible for these figures.

Registered in England/Wales under the registration number 11018019, with a registered address at NN18 8FP, England, Corby, 54 Dunnock Road.

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