Eyelinkmedia Ltd

Eyelinkmedia Ltd from Ashford UK is a small holding company with an active status, having been founded 19 years ago. The company employs 34 people and holds £5,315,058 in assets. It has a real address, two directors, and one owner. It's an irregular importer of clothing and accessories made by knitting or crocheting, with just one month of imports recorded.

The company operates in the business and domestic software development, information technology consultancy activities, and computer facilities management activities industries. Its website highlights a focus on these tech-related services, suggesting a B2B model rather than direct-to-consumer ecommerce. While the site doesn’t showcase a traditional online store, it does feature a blog with articles on topics like cloud computing and cybersecurity, reinforcing its expertise in the IT sector.

Financially, Eyelinkmedia Ltd’s report paints a mixed picture. While current assets increased by 9.6% to £5,300,000, net assets decreased by a substantial 140% to -£6,500,000. Bank borrowings rose by a significant 11%, reaching £4,700,000, and cash reserves plummeted 74% to just £29,000. Creditors decreased by a modest 4.4%, suggesting some improvement in debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The significant drop in equity, however, is a cause for concern, indicating that the company is burning through cash. The company is audited by Azets Audit Services. The rise in bank borrowings suggests a reliance on external financing to cover operational expenses.

It’s worth noting that the company’s parent company, Eyelinkmedia Holding Ltd, owns it. This structure could be used for tax planning or to centralize certain functions. The decline in equity, coupled with the increased borrowing, suggests that Eyelinkmedia Ltd is facing financial headwinds. Whether the holding company can provide support remains to be seen.

Registered in England/Wales under the registration number 05485070, with a registered address at TN23 1FB, England, Ashford, Kent, 1 Dover Place 5th Floor, Ashford Commercial Quarter.

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