Gravity Inc Ltd
- Small
- Active
- 10 years
- 2 employees
- £92,536 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Gravity Inc Ltd, based in Llanfyllin, UK, is a small, active company established ten years ago in December 16, 2014. With two employees and £92,536 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 23 months of import activity recorded, the latest in February 2025.
The company's website paints a picture of a creative hub, focusing on talent management, publishing, and record roster services. It describes itself as providing an "ecosystem" for artists, songwriters, producers, and creatives, emphasizing collaboration and transparency. The website suggests a focus on nurturing talent and facilitating opportunities within the music and creative industries.
Financially, Gravity Inc Ltd shows a mixed bag. Current assets have decreased by 7.2% to £93,000, while bank borrowings have increased to £5,100. Cash reserves, however, have seen a healthy 58% jump to £82,000. Equity has also decreased, reaching -£40,000, which is a bit concerning. Trade debtors have fallen significantly, by 41%, which is good, but the sharp drop in net current assets—down 54% to £6,500—raises questions about short-term liquidity. 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 decline in equity suggests it's burning through money. There's no auditor mentioned, so the figures are unaudited.
The company's creative focus and talent-driven approach are clear, but the financial data hints at a startup facing challenges. Whether it can sustain its growth and navigate these pressures remains to be seen.
Registered in England/Wales under the registration number 09356177, with a registered address at SY22 5LW, Wales, Llanfyllin, Powys, Breidden View, Bwlch-Y-Cibau.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 9 years
-
Resident of United Kingdom
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Change of details for Mr Anthony Seagrave as a person with significant control on 2017-02-05Download 2 pages pdf report
-
Confirmation statement made on 2025-02-19 with updatesDownload 4 pages pdf report
-
Cessation of Joanne Seagrave as a person with significant control on 2017-02-05Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Gravity Inc Ltd
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