Esprit Digital Limited

Esprit Digital Ltd from Stevenage, UK, is a small, active company founded 23 years ago in 2002. With 17 employees and £1,528,596 in assets, it’s a well-established player in its field. The company operates from a real address and is overseen by four directors and one owner, with ownership changes reported just two months ago. Esprit Digital is a regular importer and exporter of electrical machinery and equipment, with a history of 88 months of imports and 102 months of exports.

The company specializes in designing and building custom LCD and LED digital display screen solutions for various applications worldwide. Its website highlights a focus on retail malls, airport, and bus environments, and even offers bespoke solutions. Esprit Digital’s “LUMOS” brand represents its manufacturing arm, merging art and technology to create large-screen displays. Services include design, build, installation, and maintenance, with a focus on long-term support and a 10-year warranty. The company has installed screens in over 30 countries, emphasizing reliability and proprietary cooling technology.

Financially, Esprit Digital shows a mixed picture. Current assets increased by 45% to £1,500,000, while net assets remained relatively stable at £180,000. Bank borrowings increased significantly, reaching £420,000, and cash reserves increased by 380% to £420,000. Creditors also rose, increasing by 55% to £1,400,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests a greater reliance on external funding. The company is exempt from an audit as a small company.

The company’s increased cash reserves and asset growth are positive signs, but the rising debt levels warrant attention. The company’s focus on high-value installations and long-term support positions it well for future success, but managing its financial obligations will be crucial.

Registered in England/Wales under the registration number 04388957, with a registered address at SG1 2BH, England, Stevenage, Unit 17 / 18 Gunnels Wood Park, Gunnels Wood Road.

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