Gracious Films Limited

Gracious Films Ltd from Hornchurch UK: a small, active company established 14 years ago, operates with just two employees and holds £72,260 in assets. It's a family business with a virtual address, managed by two directors and two owners. The company runs an e-commerce site and irregularly imports miscellaneous metal items, with the last import occurring just one month ago.

The company's website, Gracious Films, showcases a range of products including "The Rubber Keyed Wonder" movie, gaming chronicles, and classic game insights. It also offers soundtracks, merchandise, and even pre-orders for upcoming releases. The site’s design is clean and modern, with a strong emphasis on visual content and a clear call to action: "Buy Now." It’s clear the company is focused on selling digital content and related merchandise online, with a particular interest in retro gaming and film restoration.

Financially, Gracious Films Ltd shows a mixed picture. Current assets have increased by 62%, reaching £72,000, which is good. However, net assets have risen dramatically by 300%, reaching £2,400—a significant change. Bank borrowings have decreased by 7.4%, down to £9,800, and cash reserves have jumped 110%, reaching £45,000. Trade creditors have increased by a whopping 420%, reaching £39,000, which could be a sign of increased purchasing activity. Despite these changes, the company remains small, meeting two of three conditions for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

Overall, Gracious Films Ltd appears to be in a stable position, with growing assets and cash reserves. However, the sharp increase in creditors should be monitored closely. The company’s focus on niche digital content and its family-run structure could be key to its long-term success—but it’s important to keep an eye on those debts.

Registered in England/Wales under the registration number 07399563, with a registered address at RM11 1JS, Hornchurch, Essex, 98 Hornchurch Road.

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